Hong Kong could lead China financial integration, digital yuan use

South China Morning Post

Center

Mixed Factuality

Corporation: Alibaba Group

Hong Kong could lead China financial integration, digital yuan use

Hong Kong could play a leading role in easing China’s financial integration with the rest of the world amid Beijing and Washington’s technology and trade war, according to the city’s securities regulator.Attempts by the Trump administration to decouple the world’s two largest economies had also cemented Beijing’s resolve to further expedite its financial integration with other economies of the world. This presented a “breakthrough” opportunity f…