The author is ANZ (The Australia and New Zealand Banking Group) Research With Yuan convertibility, Shanghai will likely be an international financial center. Since the Yangtze River Delta contribute to a sizable 17.6% of China’s GDP, Shanghai may surpass Hong Kong and other offshore RMB centers in terms of prominence. But we think immediate threat […]

Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.