What is it about?
The paper examines the extent to which both cities match the theoretical definition of an IFC and the likely future path they may take.
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Why is it important?
The paper is very useful for both practitioners in financial institutions and academics because it highlights the key components of what is required for a city to become an IFC in the 21st century.
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This page is a summary of: Hong Kong and Shanghai: current and/or future international financial centres?, Journal of Chinese Economic and Foreign Trade Studies, October 2015, Emerald,
DOI: 10.1108/jcefts-07-2015-0019.
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