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Ongoing anti-government protests have led to some speculation that Hong Kong could be forced to sever its peg to the US dollar, which has been in place since1983.
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I WISH US PRESS WAS MORE LIKE SCMP, AND ASSUME MORE INTELLIGENCE IN THE READER, ABLE TO WILLING TO UNDERSTAND THE COMPLEXITY OF THE PROBLEM INSTEAD OF VITRIOLIC RHETORIC THAT TEACHES NOTHING. THANKS
China could lose Hong Kong under human rights watch. Aren’t joking; it’s voters choice from the world.
sad life hongkong… you may rich but your brain are poor
Cryptocurrency will replace this soon.
WINNIE THE POOH had stolen the HK’s Foreign Reserve with 400 bill USD before the protest had sparked in June!
Maybe HK’s Foreign Reserve only has 100 bill USD!
SCMP please correct it with more honestly!
Thank you.
George Soros is currently banned in:
Russia
Hungary(His country)
Turkey
Pakistan
Poland
And currently The Philippines
The President of Philippines has said if Soros shows up, he’s headed for firing squad or maybe just prison. He stated that Soros was pushing legalization of drugs, funding of protests, had crashed the southeast Asia economies via currency manipulations, just like what he did in UK that caused the currency crisis in 1992.
It’s time to do away with the HK Dollar and replace it with the Yuan/RMB.