Why HK is not 'just another Chinese city': The HKD PEG with John Greenwood

Date: Monday 19th May

Timings: 18.30 drinks reception; 19.00-20.00 Seminar & Q&A; 20:00-21.30 Networking drinks

Venue: Clifford Chance, London

Cost: Free for HKBN members; £20 HK Society members

The HK Business Network is pleased to announce a series of events designed to show why Hong Kong is not ‘just another Chinese city’. While this should be self-evident, the mainstream media tends to focus only on the negatives, which are legitimate areas of concern, yet are silent on the many positive aspects of Hong Kong which would paint a more balanced, nuanced and accurate picture.

Hong Kong is still governed by the principle of One Country, Two Systems. There are clear differentials between these two systems. The first of the series will look at the importance of the HKD-USD peg. We are immensely privileged to have HK Association Committee Member John Greenwood OBE, the architect of the HKD peg, as main speaker.

Other speakers to be confirmed soon.

Speaker Bio

Until 2024, John was the Chief Economist at INVESCO plc. After graduating from Edinburgh University, he did economic research at Tokyo University and was a visiting research fellow at the Bank of Japan (1970-74). From 1974 he was Chief Economist with GT Management plc, based initially in Hong Kong and later in San Francisco. As editor of Asian Monetary Monitor he proposed a currency board scheme for stabilising the Hong Kong dollar in 1983 that is still in operation today. John was a director of the Hong Kong Futures Exchange Clearing Corporation (1987-91) and council member the Stock Exchange of Hong Kong (1992-93). An economic adviser to the Hong Kong Government (1992-93), he has been a member of the Committee on Currency Board Operations of the Hong Kong Monetary Authority since 1998.