Protests Aside, Hong Kong's Status As Financial Center Is Not In Jeopardy

October 1, 2014 10:14 PM

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Protests Aside, Hong Kong's Status As Financial Center Is Not In Jeopardy

The current protests won’t dislodge Hong Kong from its central role as a top financial market and global business center. The future challenge of Shanghai might, but for now the mass movement that has brought business as usual to a halt hasn't shown signs of threatening Hong Kong's status in favor of regional rivals.

For a city with a reputation as a no-nonsense business hub, the scene in Hong Kong over the last week has been striking: Over a million protesters have fanned out across the territory’s central business district in demonstrations against Chinese interference in Hong Kong’s political affairs. As busi...

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