Wall Street of the East: How Shanghai is Rewriting the Rules of Global Finance PART 1: THE INSTITUTIONAL REVOLUTION1. Policy Breakthroughs:• Cross-border RMB settlement hub (handling 42% of global RMB transactions)• Bond Connect program expansion• Negative list approach in free trade zone2. Market Developments:- Shangha
"Quantum Leap: How Shanghai Became the Nerve Center of Asia's Financial Ecosystem" Section 1: The Infrastructure Revolution• Physical Connectivity: - 48 international bank HQs (2025) - 22 new fintech towers (avg. height 380m) - Quantum-secure fiber network• Digital Foundations: - Blockchain clearing system (¥87T annual)