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Copyright © 2024 CGTN. 京ICP备20000184号
Disinformation report hotline: 010-85061466
At the annual financial industry conference Sibos 2024 in Beijing, CGTN's Michael Wang spoke with James Alistair Fok, chief commercial officer of the central moneymarkets unit at the Hong Kong Monetary Authority, about China's economic future. Fok emphasized the need for long-term prosperity driven by innovation, highlighting China's electric vehicle revolution and urban transformation. He also pointed to opportunities for diversifying Hong Kong's financial center, and the global expansion of Chinese custodian banks to meet rising cross-border investment demands.