Asia Global Institute

China’s Financial Foil

Tuesday, March 22, 2022

China’s Financial Foil

While China's independent Cross-Border Interbank Payment System could make things more convenient if the country were to come under the same kind of economic pressure Western countries are currently meting out to Russia, "It does not change the fundamentals," Zhiwu Chen tells The Wire.

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Author

Zhiwu Chen

Chair Professor of Finance, the University of Hong Kong

Zhiwu Chen

THE ASIA GLOBAL INSTITUTE

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