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Shanghai must become a global financial centre, report says

Summary:
[unable to retrieve full-text content]The escalating tensions between China and the United States and related uncertainty over Hong Kong makes the development of Shanghai as an international financial centre more urgent than ever, according to a new report.While the long-term goal is to make the east China megacity into a financial hub like New York, London or Hong Kong, the study by Renmin University of China said Shanghai should prioritise building a global yuan asset management and pricing centre, and increasing its financial…

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[unable to retrieve full-text content]
The escalating tensions between China and the United States and related uncertainty over Hong Kong makes the development of Shanghai as an international financial centre more urgent than ever, according to a new report.While the long-term goal is to make the east China megacity into a financial hub like New York, London or Hong Kong, the study by Renmin University of China said Shanghai should prioritise building a global yuan asset management and pricing centre, and increasing its financial…

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