28 Jun. 2017
Hong Kong, China
A small investor watches share prices inside a bank in Hong Kong, December 1, 1998. The 1997-98 Asian financial crisis triggered a market sell-off that led some emerging economies to impose trading controls or buy assets to calm investors. Hong Kong surprised markets with a $15 billion intervention in August 2008 to fend off speculative attacks. While Hong Kong would later have to defend its free market credentials, supporters say the intervention saved the city during the crisis. REUTERS/Larry Chan/File photo SEARCH "HONGKONG TIMELINE" FOR THIS STORY. SEARCH "WIDER IMAGE" FOR ALL STORIES.