Financial centre of the 19th century. After 1870, Berlin and New York grew to become major financial centres mainly serving their national economies. An array of smaller international financial centers found market niches, such as Amsterdam, Brussels, Zurich, and Geneva. London remained the leading international financial center in the four decades leading up to World War I. Since then, London and New York have developed leading positions in different activities and some non-Western financial centres have grown in prominence, notably Tokyo, Hong Kong and Singapore. In Asia, Tokyo emerged as a major financial centre in the 1980s as the Japanese economy became
Financial centre to its geographical location at the estuary of the Yangtze river, and the control of customs in China. After the establishment of People's Republic of China, the financial centres in China today are Hong Kong, Beijing, Shanghai and Shenzhen. Financial centre A financial centre is a broad term the IMF define as encompassing: International Financial Centres (IFCs), such as New York City, London, and Tokyo; Regional Financial Centres (RFCs), such as Boston, Frankfurt, and Sydney; and Offshore Financial Centres (OFCs), such as The Cayman Islands, Dublin, and Singapore. IFCs, and many RFCs, are full–service financial centres with direct access to