How Hong Kong is Facilitating the Yuan's Global Expansion - News and Statistics

How Hong Kong is Facilitating the Yuan’s Global Expansion – News and Statistics

May 24, 2025 Amid rising geopolitical tensions and discussions on de-dollarisation, Hong Kong’s financial system is playing a pivotal role in promoting the internationalisation of the yuan. As reported by the South China Morning Post, the yuan’s potential to expand its global footprint is being explored by international businesses, particularly in Qatar. The affluent Middle…

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Hong Kong facing ‘challenges’ of rising unilateralism, Beijing official warns

Hong Kong facing ‘challenges’ of rising unilateralism, Beijing official warns

The rise of unilateralism and protectionism poses “a certain amount of challenges” to Hong Kong’s development, Beijing’s top envoy in the city has said, while urging youngsters to embrace patriotism. Cui Jianchun, the commissioner of the Chinese foreign ministry’s office in Hong Kong, said on Saturday that some “large countries” were obsessed with putting themselves…

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