Hong Kong, UAE solidify financial links with regulatory ties, digital currency

Hong Kong, UAE solidify financial links with regulatory ties, digital currency

Deeper regulatory ties and a shared push for new growth sectors are expected to give fresh impetus to cross-border investment flows between China and the Middle East, according to industry players and a United Arab Emirates (UAE) regulator. Hong Kong would benefit from the increased China-Middle East cooperation as the city develops into “a key hub for Middle Eastern capital to deploy in Asia and an important gateway for Chinese capital to go gl…