Hong Kong is the largest yuan financial hub in the world outside China. Photo: Sun Yeung Hong Kong is the largest yuan financial hub in the world outside China. Photo: Sun Yeung
Hong Kong is the largest yuan financial hub in the world outside China. Photo: Sun Yeung

Coronavirus, growing China-Southeast Asia trade ties could drive offshore use of yuan: FSDC economist

  • Southeast Asia is now China’s largest trading partner, creating an opportunity to enhance the use of the yuan in international transactions
  • Hong Kong could capitalise by providing professional financial services and enhancing status as a leading offshore yuan business hub

Topic |   China economy
Hong Kong is the largest yuan financial hub in the world outside China. Photo: Sun Yeung Hong Kong is the largest yuan financial hub in the world outside China. Photo: Sun Yeung
Hong Kong is the largest yuan financial hub in the world outside China. Photo: Sun Yeung
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