Beijing is building Shanghai into a major offshore yuan centre. Should Hong Kong worry?

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Source: South China Morning Post
Published: 2026-06-28 08:00 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Transport, Asia, Economy & Finance, China, Business & Economy, Asia Pacific
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Snippet:
Geopolitical tensions add fuel to long-standing debate about China’s need for multiple offshore yuan centres – a role that suits Shanghai well
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