eTrade Connect will boost the integration of Hong Kong, Macau and the nine mainland cities part of the Greater Bay Area, according to the HKMA. Photo: Martin Chan
Hong Kong working with China, Thailand central banks to promote digital currencies, cross-border trade
- Hong Kong is closely monitoring the roll-out of the digital renminbi developed by the People’s Bank of China, and would like to see it used in the city
- HKMA has also been working with PBOC to set up a pilot scheme in Shenzhen called eTrade Connect since November
eTrade Connect will boost the integration of Hong Kong, Macau and the nine mainland cities part of the Greater Bay Area, according to the HKMA. Photo: Martin Chan
