Hong Kong's $1.8 Trillion Foreign Debt, Explained

As one of the world's financial hubs, Hong Kong plays a crucial role as a source for foreign deposits.

Brought to you by the Behind Asian Team.

[BehindAsia]

Do you think Hong Kong will continue to become a leading financial hub?

[PhilipWong]

The net international investment position (NIIP) is the difference between the external financial assets and liabilities of a country. The NIIP of the USA is -$16.112 trillion, The NIIP of Hong Kong, China, and Taiwan is $2.163, $2.14, and $1.371 trillion respectively.

The U.S. is the world's largest debtor, while China (including Hong Kong) is the largest creditor.

[Felipe-nj]

What ever Yur propaganda is toward HK….HK will be the world business hub center.

[MuhammadAhmad-dbsf]

Hong kong are a Great City where Itself it is a country were it have own government or currency Hong kong have great gdp and gdp per Capita very rich by there salary's or other facilities and There Exports or earnings system are able to over come from the problem of debts 🇭🇰⛩️ Viva Hong Kong

[abdurrozzaq]

Hk and singapore is financial hub...and net zero debt...

[hmli]

Can you also talk about the Dollar Reserve? Pegging to the US dollar? How about one of their biggest income source, namely selling of land for developers? How will being blacklisted by the US for selling/reselling microchips affect its future?

[bonghungk]

Hong Kong sheltered a lot of Vietnamese boat people and the UN 🇺🇳 promised to pay back HK $$ for this. Not a cent has ever been paid back to Hong Kong and probably will never get any money back from the unreliable UN.

[JohannMarshall-pudw]

Hi! Can you compare it to Singapore? Both financial hub. Thanks!

[victorchan]

Sorry, I am unable to understand any bit of your video

[Siddhesh_Chaudhari_]

1:50
Me a Indian : They are showing wrong map of India. they are showing Kashmir as part of Pakistan. wait what where is Pakistan 😄

[Ash-vtuu]

4:24 bruh why is it region in the subtitles when you said country😢

[spzhrcp]

What are you talking about? That's a bunch of BS. Hong Kong is not known for debt.

[hydrohasspoken]

Everyone seems to be on debt these days.

[IrisChen]

The information in this video is fake, totally fake

[kelvin]

Fake news. Blocking this channel. Bye bye