Jiang predicts the war permanently damages Dubai's safe cosmopolitan financial image because once the mirage is shattered it cannot simply be rebuilt.
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Financial Center
Jiang predicts the war permanently damages Dubai's safe cosmopolitan financial image because once the mirage is shattered it cannot simply be rebuilt.
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"But because of this war. And we're talking about like a few drones hitting hotels. It's really shattered the image of Dubai. And once..."
"...Okay? And this creates a concept that today we call offshore financial center, or OFC. Okay? So, think of like Dubai or Hong Kong,..."
"...but they will disguise it for you, okay? Through their offshore financial centers, including Hong Kong, Singapore, their lawyers will pretend that this money..."
"...okay? So what protects this money, of course, is the offshore financial centers, okay? So the green are areas in the world in which..."
"...It's a very good question. The question is this, if offshore financial centers like Hong Kong and Dubai are so profitable and it's such..."
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