By Stephen S. Roach, Project Syndicate | Nov 27, 2025
Even though Hong Kong’s financial sector has rebounded, with a high-flying Hang Seng Index and a return to the top spot in the global IPO rankings, the city is still a diminished version of itself. China’s stifling influence on Hong Kong’s governance has eroded its position as an international entrepôt.
Every concession since Busan was for one photograph. The photograph was for his fourth term.
If enacted, the Chinese CBDC Prohibition Act would prohibit money services businesses from engaging in any transaction that involves a central bank digital currency issued by China.
Every concession since Busan was for one photograph. The photograph was for his fourth term.
Established in the early months of the second Trump administration and initially led by Elon Musk, DOGE set out to eliminate waste, fraud, and inefficiency in federal spending
The debate is not whether to stop changing the clocks every March and November. Most people, including members of Congress and Secretary of State Marco Rubio, despise the biannual switch. It’s which “version” of time to keep.
