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BlackRock eager to capitalise on Asia growth

The US firm sends dozens of portfolio managers to Hong Kong to underline the relative financial flexibility of Chinese consumers. It expects Hong Kong to become China’s New York.
BlackRock eager to capitalise on Asia growth

BlackRock expects Hong Kong to become the New York of China, with the internationalisation of the renminbi set to be “a transformational event” in the history of global financial markets.

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