The former British colony's high degree of autonomy from Beijing, including an independent judiciary, form the bedrock on which it has flourished as a global hub. Contributing to China's financial reform and opening will inject fresh vigour into Hong Kong's economy, Lam told a financial forum in Beijing. Hong Kong will embrace opportunities created by China's plan to integrate Hong Kong, Macau and part of Guangdong in a development zone, Lam said. Lam said Hong Kong can play key roles in promoting China's financial development, including facilitating yuan internationalisation, helping finance mainland companies, and providing an offshore safe haven for Chinese money. Anthony Fasso, Asia Pacific chief executive of global asset manager PineBridge Investments, said Hong Kong was adapting to the new realities.
the former british colony's high degree of autonomy is probably very valuable to them.
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the former british colony 's high degree of autonomy is probably very valuable to them .
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