Finance ministers from 21 Asia-Pacific economies recently met in Hong Kong, the first time the city has hosted them. A practical question sits one level down.
Picture the treasury team of a company running its regional business from Hong Kong. It arranges funding in several currencies, pays across markets and manages the risks that follow. Its question is: how can Hong Kong’s services help it operate more efficiently and at lower cost?
Those needs are a practical lens for reading the five-year...