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"global hub" is a correct and usable phrase in written English.
For example, you could use it in a sentence such as this: "Singapore is a global hub for finance, technology, and tourism."
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America's role as the global hub will be threatened.
We have become a global hub for content production.
In the same way the UK became a global hub for traditional banking, it is now on track to become the global hub for fintech as well.
The island state promotes itself as diverse, competitive and cultured – an exciting global hub.
It is now a global hub for selling everything from electronics to stuffed animals.
The UK, and London in particular, is the global hub for architectural and advanced engineering design.
This is going to knock UK growth and our credibility as a global hub".
Almost overnight, London's financial district became a global hub for trading in greenhouse gases.
This country is a global hub for research: the government's plans could put that in jeopardy.
The district, about one square mile in area, was once a global hub for clothes manufacturing.
Gurgaon, near Delhi, has swiftly become a global hub for outsourcing.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com