Paul Chan upbeat about Hong Kong economy despite ‘volatility’ from Trump policies
AI Summary
Hong Kong Financial Secretary Paul Chan expressed cautious optimism about the city's economy despite anticipated market volatility stemming from US policies. Speaking after the World Economic Forum in Davos, Chan noted a more positive sentiment towards Hong Kong from business and political leaders compared to previous years. He emphasized the importance of maintaining an open and well-regulated market to attract Western investors and quality companies. Chan highlighted the need to accelerate innovation and technology development to create jobs and strengthen Hong Kong's tech ecosystem by attracting tech firms. While remaining discreet about specific discussions, Chan's meetings with global leaders from companies like PwC, AXA, and Amazon Web Services suggest a focus on navigating global economic challenges and promoting Hong Kong's economic prospects.
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