Hong Kong ‘optimistic’ on economic growth despite global slowdown, Paul Chan says

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Hong Kong Financial Secretary Paul Chan said the city remains optimistic about economic growth despite a weaker global outlook. He cited Hong Kong’s role in international capital flows and opportunities from the artificial intelligence boom.

Hong Kong is more “optimistic” about its economic growth this year than the International Monetary Fund (IMF) is about the global outlook, the finance chief has said, pointing to the city’s unique position to capitalise on international capital flows and the artificial intelligence (AI) boom. Writing on his blog on Sunday after attending the IMF and World Bank Group’s annual meetings in Bangkok, Financial Secretary Paul Chan Mo-po said world leaders’ discussions had been dominated by two forces:...