{"id":146725,"date":"2026-02-24T15:00:09","date_gmt":"2026-02-24T15:00:09","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=146725"},"modified":"2026-02-24T15:00:09","modified_gmt":"2026-02-24T15:00:09","slug":"why-chinas-path-to-financial-superpower-status-could-begin-in-hong-kong","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=146725","title":{"rendered":"Why China\u2019s path to \u2018financial superpower\u2019 status could begin in Hong Kong"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostWhen Wilson Chan Fung-cheung joined Hong Kong\u2019s banking industry as a foreign-exchange trader more than four decades ago, his work involved US dollars, UK pounds, Japanese yen and various European and Asian currencies \u2013 but not Chinese yuan.<br \/>\n\u201cBack then, there was no yuan trading at all as, in fact, the internationalisation of the yuan only started in 2009,\u201d recalled Chan, who has worked for various Chinese banks.<br \/>\nBeijing\u2019s decision that year to promote its currency for wider use in trade,&#8230;<a href=\"https:\/\/www.scmp.com\/business\/banking-finance\/article\/3344464\/why-chinas-path-financial-superpower-status-could-begin-hong-kong?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostWhen Wilson Chan Fung-cheung joined Hong Kong\u2019s banking industry as a foreign-exchange trader more than four decades ago, his work involved US dollars, UK&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/146725"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=146725"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/146725\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=146725"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=146725"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=146725"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}