Visiting Hong Kong for the first time in two decades, Mark Harrison, CFA, sees evidence of breakneck economic transformation everywhere. But what happens when the music stops?
Fintech is forcing official policy makers to weigh the interests of consumers and corporations, while balancing the need for innovation and protection, in rewriting government rules and operating methods, Joshua Bateman, CAIA, CFA, reports.
Days of protests have brought parts of the Asian financial center to a standstill in the largest show of defiance against Beijing in a Chinese territory.
China breeds superlatives. It is the world's most populous country; its Communist party is the planet's biggest political movement; it contains half of the world's pigs; and its citizens smoke 38 percent of the world's cigarettes. But it is also very easy to be swept away by the apparent inevitability of China's dominance. Author and historian Jonathan Fenby argues that despite China's huge strengths, its manifold weaknesses will ensure it does not dominate the 21st century.
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