Asian crisis 1997 hong kong.


"Professor Y. C. Jao's book is a comprehensive, timely, and well-balanced account and assessment of Hong Kong's experience during the East Asian Currency Crisis of 1997-99. Aug 28, 2019 · Chinese diplomat says Hong Kong facing worst crisis since 1997 handover Chinese Foreign Minister Wang Yi attends a meeting with Russian President Vladimir Putin at the Bocharov Ruchei residence in ... on the Hong Kong banking sector. The Asian financial crisis is one year old this month, though this is a birthday that we do not want to celebrate. The crisis can be dated from late May when the Thai Baht came under severe pressure. A renewed attack in early July, while we were celebrating the success of the Handover in Hong Kong, led to the floating of the Baht, which promptly plunged in value. The contagion then spurred by the appreciation of the Hong Kong dollar against other Asian currencies, Hong Kong’s corporate sector has achieved stronger overall productivity gains than elsewhere. I. Introduction In the three-year period since the Asian crisis, most regional economies have undergone significant adjustments. Hong Kong is no exception. "Professor Y. C. Jao's book is a comprehensive, timely, and well-balanced account and assessment of Hong Kong's experience during the East Asian Currency Crisis of 1997-99.