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This Selected Issues paper analyzes Hong Kong Special Administrative Region (SAR) banks' exposure to nonbanking businesses in Mainland China. Hong Kong SAR banks are generally less exposed to riskier Mainland businesses. Despite that, a sharp deterioration in the balance sheet of Mainland businesses, as well as a sharper-than-expected downturn in the Mainland economy could

Title : People's Republic of China-Hong Kong Special Administrative Region
Author : International Monetary Fund
Language : en
Rating :
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Type : PDF, ePub, Kindle
Uploaded : Apr 05, 2021

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