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AFF 2016: Domestic Consumption for Growth, Says John Tsang

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Hong Kong will face a difficult year ahead in 2016 says HKSAR Financial Secretary John Tsang. Speaking beside the Asian Financial Forum, he says Hong Kong’s external-facing economy is challenged by the economic “doldrums” of a number of partners so will have to rely a lot more on domestic consumption for growth. He says China’s Belt and Road Initiative offers excellent opportunities for Hong Kong’s commercial, logistics, professional services and finance sectors – as these are all needed by the 65 countries on the Belt and Road.
Speaker:
John Tsang, Financial Secretary, Hong Kong SAR Government
Related Links:
Hong Kong Trade Development Council
Asian Financial Forum
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