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DW Business July 14, 2024

A free trade regime so it could retain the status of an International Banking center so on call it became an important gateway to china for western multinationals but following the recent unrest over the extradition Law International corporations with offices in hong kong fear that chinas going back on the 184. 00 agreement and that rule of law one of the cornerstones of any market economy will be eroded. To discuss that i have with me in the studio our resident china expert Clifford Conan and from singapore we are joined by andreea haying our. Financial correspondent where we start with you. What are you hearing there are bankers really clearing their desks and packing their bags. Well the picture is showing signs of cracking although their banks are not pegged just yet investors moving their money out of Auto Hong Kong you know is going to be giving banks something to worry about because its home to it one trillion dollar Wealth Management industry now as a 2018 hole call is home to

DW Business July 14, 2024

A free trade regime so it could retain the status of International Banking center so on call became an important gateway to china for western multinationals but following the recent unrest over the extradition Law International corporations with offices in hong kong fear that chinas going back on the 184. 00 agreement and that rule of law one of the cornerstones of any market economy will be eroded. To discuss that with me in the studio resident china expert Clifford Conan and from singapore were joined by and hitting our. Financial correspondent andrea was start with you. What are you hearing there are bankers really clearing their desks and packing their bags. Well the picture is showing signs of cracking although there based on not peg just yet. This is moving their money out of Auto Hong Kong you know is going to be giving banks something to worry about because its home to it 1. 00 trillion dollar Wealth Management industry now as a 2018 hole call is home to many billionaires is th

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