Hong Kong served as an offshore banking and finance center.
I know more about offshore banking than he ever will.
In addition to magazine issues, it has also published reports on subject matters including offshore banking, real estate and hedge funds.
And he reinforced the service economy by building an "offshore" banking and financial center.
However, the Bahamas are probably more noteworthy for offshore banking.
Individuals work with international banks for a number of reasons, including tax avoidance, probably the term you've heard the most in relation to offshore banking.
However, offshore banking is a legitimate financial exercise undertaken by many expatriate and international workers.
In addition, nothing has happened with offshore banking - the mechanism has simply not been brought into play.
The Government earlier this year awarded three other licenses for offshore banking.
For example, in 2000, the three states cooperated on development of common policies for offshore banking.