Innovation must be at the heart of Hong Kong’s new budget
The writer says: "Recent years have shown that Hong Kong is successfully moving beyond its longstanding identity as a financial intermediary."
The writer says: "Recent years have shown that Hong Kong is successfully moving beyond its longstanding identity as a financial intermediary."
The renminbi is among the top-five most-used currencies in global payments, but it has a long way to go before it can challenge the US dollar, notes the writer.