Asia’s Main Financial Center Poised for Growth, But Facing Risks

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This age is variously being called the "Asian Century" and with right. Much of the global growth is being fuelled by the region’s markets, led by China, and Hong Kong, with its vibrant business center, is uniquely positioned to benefit from all this activity. Mike Smith, CEO of ANZ bank, recently commented: "I am convinced the coming Asian century is real, that China will drive it, and Hong Kong will remain in a unique position. But Hong Kong will also face new challenges to its status...

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