3 d. ago Hong Kong to navigate trade war with supply chains, says Paul Chan in US

Hong Kong will adjust to navigate lingering geopolitical tensions, welcoming new growth in supply chains, financial services and innovation, the finance chief has vowed while promoting the city’s opportunities in the United States. Financial Secretary Paul Chan Mo-po made his remarks at the end of his first in-person visit to Washington since 2019, as a fresh phase of the US-China trade war looms, with Hong Kong caught in the rivalry. “Geopolitical tensions will continue to be there for quite...

Events

3 d. ago Hong Kong to navigate trade war with new strategies, Paul Chan says in US

Hong Kong will adjust to navigate lingering geopolitical tensions, welcoming new growth in supply chains, financial services and innovation, the finance chief has vowed while promoting the city’s opportunities in the United States. Financial Secretary Paul Chan Mo-po made his remarks at the end of his first in-person visit to Washington since 2019, as a fresh phase of the US-China trade war looms, with Hong Kong caught in the rivalry. “Geopolitical tensions will continue to be there for quite...

Events

3 d. ago Hong Kong will navigate trade war with new strategies, Paul Chan says in US

Hong Kong will successfully navigate protracted geopolitical tensions, serving as a supply chain hub while providing financial services and innovation, the finance chief has said after a visit to the United States where he promoted the city. Financial Secretary Paul Chan Mo-po offered the upbeat assessment in an interview with the Post at the end of his first visit to Washington since 2019, with a fresh phase of the US-China trade war looming and Hong Kong caught up in the rivalry. “Geopolitical...

Events

6 d. ago Invest and expand in Hong Kong, Paul Chan tells US firms despite trade tensions

Hong Kong’s finance chief has called on American businesses to invest in the city as he begins his latest visit to the country, even as global concerns grow over the possible re-escalation of the US-China trade war. The government on Wednesday said that Financial Secretary Paul Chan Mo-po arrived in New York the previous day and attended the annual gala dinner of the National Committee on United States-China Relations (Ncuscr), a non-profit organisation that promotes understanding between the...

Economics

9 d. ago Hong Kong’s Paul Chan to attend IMF, World Bank meetings in Washington

Hong Kong’s finance chief will attend the annual meetings of the IMF and the World Bank in Washington for the first time since 2019, despite a dramatic re-escalation of trade tensions between the United States and China. Financial Secretary Paul Chan Mo-po said on Sunday that aside from the two meetings, which he will attend as part of China’s delegation, he would join other events to promote the city’s strengths and development efforts while also addressing “topics of concern”. In a weekly blog...

Politics

9 d. ago Hong Kong’s Paul Chan to attend IMF, World Bank events in US, a first since 2019

Hong Kong’s finance chief will attend the annual meetings of the IMF and the World Bank in Washington for the first time since 2019, despite a dramatic re-escalation of trade tensions between the United States and China. Financial Secretary Paul Chan Mo-po said on Sunday that in addition to the two meetings, which he will attend as part of China’s delegation, he would join other events to promote the city’s strengths and development efforts while also addressing “topics of concern”. In a weekly...

Politics

1 week ago Police summon brother of Paul Ha, ‘member’ of subversive ‘Hong Kong Parliament’

Police have summoned the brother of yet another activist wanted for his involvement in the “Hong Kong Parliament”, a group deemed subversive by authorities, to assist with an ongoing investigation, the Post has learned. A source said that the 72-year-old brother of Paul Ha Hoi-chun was asked to report to Tseung Kwan O police station on Thursday morning to help with the probe involving the Taiwan-based activist and was expected to leave before noon. Ha, 60, is among 15 activists who were each...

Politics

3 w. ago Hong Kong speeding up financial market reforms with focus on resilience: Paul Chan

Hong Kong is accelerating reforms of its financial market by making the sector’s ecosystem more resilient and comprehensive, a minister has said, as the city grapples with geopolitics and a rapidly changing technology-led global landscape. Financial Secretary Paul Chan Mo-po also said on Sunday that Hong Kong would take a two-pronged approach by strengthening its advantages and diversifying the financial market to contribute to the wider nation’s development into a financial powerhouse. The city...

Economics

last month Hong Kong’s Paul Chan banks on better market sentiments as sectors stabilise

Hong Kong’s finance chief has anticipated improving market sentiments after downward trends in the retail, catering and property sectors show signs of stabilising, and the prospect of an interest-rate cut cycle emerging. Financial Secretary Paul Chan Mo-po said on Sunday that authorities had been paying attention to the slow recovery of the retail and catering industries, even as the stock market proved to be robust, noting that their declining sales figures had stabilised over the past three to...

Economics

last month Hong Kong’s Paul Chan banks on better market sentiment as sectors stabilise

Hong Kong’s finance chief has anticipated improving market sentiment after downward trends in the retail, catering and property sectors showed signs of stabilising, with the prospect of an interest rate cut cycle emerging. Financial Secretary Paul Chan Mo-po said on Sunday that authorities had been paying attention to the slow recovery of the retail and catering industries, even as the stock market remained robust, noting that their declining sales figures had stabilised over the past three to...

Economics