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The Nexus
BUSINESSJun 30 · 00:00 UTCSCMP CHINAJudy Xue

Shanghai should step up as finance hub, as Hong Kong ‘not enough’, proposal says

Shanghai has been urged to develop as a financial hub to meet the growing outbound investment needs of Chinese firms, potentially intensifying competition with Hong Kong. The proposal was made by Liu Xiaochun at a meeting hosted by China Finance 40, a Beijing-based think tank.

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Liu XiaochunpersonShanghaiplaceHong KongplaceChina Finance 40organizationShanghai Finance Instituteorganizationoutbound investmenttopic
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