Opinion | Hong Kong and Xinjiang could be the core of Kazakhstan’s China strategy
“Hong Kong is one of the best places in the world to do business. We are a global city and we fly the flag of free trade,” he stressed, adding, “We have the experience, the expertise and the connections to serve as the fundraising and financial management hub for the Belt and Road economies.”
Indeed, experience is precisely what Kazakhstan seeks to gain from Hong Kong. Earlier this month, Kazakh Deputy Prime Minister Serik Zhumangarin met Hong Kong commerce and economic development secretary Algernon Yau Ying-wah in Urumqi, the capital of China’s Xinjiang Uygur autonomous region. Zhumangarin reportedly invited representatives of the Hong Kong stock exchange to Kazakhstan to share their experience.
It is no secret that Kazakhstan seeks to build stronger ties between the Astana International Financial Centre and the Hong Kong stock exchange.
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