Tag: Cross-Border Finance
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Big Ambitions, Uneven Reality: Qianhai’s Comeback in China’s Opening-Up Spotlight
Qianhai’s High Hopes Meet Practical Realities Qianhai, the Shenzhen-backed financial and logistical reform zone, was positioned as a symbol of China’s renewed openness to the world. With ambitious plans to streamline finance, attract foreign capital, and accelerate cross-border trade, the district was meant to showcase how the country could reboot its opening-up strategy in the…
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Big ambitions meet uneven reality as Qianhai returns to China’s opening-up spotlight
Qianhai re-enters the opening-up conversation Qianhai, the coastal district in Shenzhen long touted as a keystone of China’s reform era, is once again thrust into the spotlight as authorities signal renewed momentum for opening-up policies. After years of sporadic reforms and uneven progress, the zone is aiming to accelerate cross-border financial services, attract foreign investment,…
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Big Ambitions vs Reality: Qianhai’s Return to China’s Opening-Up Spotlight
Introduction: A Rebooted Spotlight on China’s Opening-Up Strategy Qianhai, the ambitious pilot zone in Shenzhen, has long symbolized China’s intent to accelerate opening-up and financial liberalization. After a period of uneven progress, the region is once again thrust into the spotlight as policymakers and market participants seek to translate big ambitions into tangible gains. The…
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Fearing Deportation, Hondurans in the US Send More Cash Home Than Ever
Introduction: A pressing shift in remittance flows Across the United States, Honduran families are feeling the weight of immigration enforcement in 2024. As fear of deportation grows, more Hondurans are sending money back to their home country than at any time in recent memory. These remittances, a lifeline for many households in Honduras, are not…