Chinese Yuan: HKD anchor currency swap strategy proposition

12 באוג׳ 2019Looking at a number of currencies performance extending back to the 2007/2008 global financial crisis, and focusing on the yuan in juxtaposition to the HKD, USD, GBP, EUR. Some interesting trends become evident, suggest that perhaps the PRC have a long-term strategy that they are working through in terms of Hong Kong's currency integration into the mainland's central planning, development and implementation, particularly with regards to large-scale infrastructure, Greater Bay Area projects, and the Belt and Road Initiative (BRI).