5 reasons Korea cannot become financial hub

The financial center on Yeouido, Seoul / gettyimagesbank By Kim Bo-eun Attention is growing over Hong Kong's possible replacement as a financial hub of Asia, after the city has become increasingly unstable following China's implementation of the national security law and the U.S. revoking of Hong Kong's special trading status. Singapore is rising as an attractive alternative, with financial firms and capital already flocking to the city, but Japan has been eager to promote Tokyo. Korea, meanwhile, has mostly remained idle. Busan has been seeking to attract financial firms from Hong...