What does Beijing’s tightening grip mean for the world’s most valuable stock exchange?
Illustration by Tyler Comrie
Last September, while protesters in Hong Kong were vandalizing mass transit stations and shattering windows to vent their anger over China’s encroachment on the former British colony, the leaders of Hong Kong Exchanges and Clearing Ltd. (HKEX) flew to London on a secret mission.
Laura Cha, chairwoman of the Hong Kong Stock Exchange. Credit: Remy Steinegger/World Economic Forum, Creative Commons
On a humid, overcast morning, Laura Cha and Charles Li, the chairwoman and chief executive of
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From Mike Mansfield to Max Baucus and Steve Daines, Montana has been the unlikely source of America’s most influential China-hand senators over the past half-century. But amidst spy balloons, trade wars and mutual paranoia, being a proponent for rational and beneficial relations between the two countries has never been harder.
The former CIA officer says Washington has lacked a clear strategy towards intelligence on China, in contrast to Beijing’s approach — and that Congress needs to act.
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