Hong Kong and Singapore: The Future of Asian Financial Centers

Johnson, Edith E.M.

Volume 9, Issue 2. Summer Hong Kong and Singapore currently serve as Asia's two main financial centers. Analyses of the evolution of international finance have generally concluded that within a given region, a single financial market is likely to predominate. Yet such centralization has not occurred in Asia - while Hong Kong is the loan syndication center, Singapore remains... read more

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