Chan sees positive market reaction to Xi-Trump summit
Financial Secretary Paul Chan said markets would view constructive signals from the meeting between the leaders of the world’s two largest economies as a positive sign. That came as President Xi Jinping wrapped up his state visit to Washington on Friday by announcing that he would meet his US counterpart, Donald Trump, two more times before the end of the year. Xi had said at the state banquet…
Paul Chan, the Financial Secretary, expressed optimism about the market reaction to the upcoming meetings between Chinese President Xi Jinping and US President Donald Trump. Xi had announced that he would meet with Trump two more times before the year's end, following their summit in Washington. Chan noted that these discussions would provide new strategic guidance for China-US relations, helping to reduce geopolitical uncertainties and volatility.
The Chinese economy is currently experiencing steady growth, with Chinese enterprises expanding their presence overseas. This trend, along with the stability in Southeast Asia and neighboring regions, will drive global economic expansion. Hong Kong benefits from its geographical location, making it well-positioned to capitalize on mainland enterprises' expansion in industrial and supply-chain sectors.
Chan highlighted that Hong Kong's traditional strengths in trade, shipping, finance, innovation, and technology, as well as its ability to attract talent, present significant opportunities for the city's future.
Written by urgent.news from RTHK News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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