Asian finance to grow despite turmoil

hong-kong-monetary-authority

Financial systems in Asia in general and mainland China in particular have huge potential to grow despite the crisis, new research from the Hong Kong Monetary Authority posits.

The research shows that this is in contrast with the US and the European Union financial systems, which are set to shrink as a result of the crisis. The analysis also finds that by further strengthening its role as a gateway of capital flows in and out of mainland China, a testing ground for the internationalisation of the

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