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Hong Kong Feels the Squeeze of a Slowing China and Rising Rates
Bloomberg “Hong Kong is facing a wave of pressure,” said Kevin Lai chief economist for Asia excluding Japan at Daiwa Capital Markets in Hong Kong, who likens the growing storm to the market gyrations of the Asian Financial Crisis. “The situation right now is … The Numbers Hong Kong’s Dollar Peg: Next in the Firing Line?Wall Street Journal (blog)
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