Hong Kong’s close economic connection with the mainland makes it a key yuan trading hub. Photo: AP
Hong Kong’s close economic connection with the mainland makes it a key yuan trading hub. Photo: AP
Yuan

China to ‘strengthen’ Hong Kong as yuan trading hub, diversify forex reserves in 2022

  • Support for Hong Kong as a yuan trading hub was among the central bank’s 2022 priorities
  • The People’s Bank of China will also pursue more diversified foreign exchange reserves

Topic |   Yuan
Hong Kong’s close economic connection with the mainland makes it a key yuan trading hub. Photo: AP
Hong Kong’s close economic connection with the mainland makes it a key yuan trading hub. Photo: AP
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