Economy

China Law Blog : Shanghai As World Financial Capital? Maybe Next Century.

By May 31, 2009No Comments

Richard Florida’s article in the Atlantic entitled, “How The Crash Will Reshape America” on why New York will remain as the world’s financial capital and why, despite the projected growth of Asia’s economies, we should not expect Shanghai, Hong Kong, or anywhere else to usurp it. At least not for an exceedingly long time.