Hong Kong’s Role in Bridging China and Global Finance: With Prof Li Chen

EAI Director Prof Alfred Schipke speaks to Prof Li Chen, Associate Professor and Associate Director of the Centre for China Studies at the Chinese University of Hong Kong, in this episode of East Asia Pulse.  
 
They discuss how geopolitical developments have impacted China’s financial sector development and the role that Hong Kong plays in connecting China's onshore financial market with global financial markets. They also weigh in on how Hong Kong stacks up against Singapore as a financial hub, and the potential for financial sector cooperation between Hong Kong and Singapore.

Highlights:

00:00 How geopolitics shapes China and Hong Kong's financial sector development

08:59 Assessing competing perspectives on the direction of the future of China's financial sector

 10:25 China’s efforts to mitigate domestic financial risks

 16:47 Key instruments used to achieve China’s strategic goals in the economic and financial spheres

 21:56 Challenges faced by connectivity schemes that aim to create modified linkages between mainland China and the international markets

 28:59 Hong Kong's role in piloting strategically important financial sector innovation as part of China's financial sector evolution, such as in digital currencies and green finance 

31:21 Hong Kong’s strengths as a financial hub, in comparison to Singapore 

This podcast episode was recorded on 24 February, 2025.

East Asia Pulse is a podcast produced by the East Asian Institute at the National University of Singapore (NUS). It provides in-depth analyses of political, economic and strategic trends in East Asia.

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