Availability of RMB instruments lags demand for insurance – Wim Hekstra profile


While the UK's politicians have recently flirted with the idea of forcing visitors from certain countries to hand over a "security bond" worth $5,000 to encourage them to leave at the end of their stay, Hong Kong's authorities have instead been using financial instruments to enable foreigners to gain residency. The Capital Investment Entrant Scheme (CIES) has been in play since 2003 and enables most overseas citizens – though in practice it's overwhelmingly mainland Chinese who apply &n