{
  "id": 15723330,
  "title": "Economic alliances 'key as global challenges evolve'",
  "url": "https://urgent.news/2026/10/20/economic-alliances-key-as-global-challenges-evolve-15723330",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-20T08:31:09.000Z",
  "source": {
    "name": "RTHK News - Finance",
    "slug": "rthk-news-finance",
    "url": "https://news.rthk.hk/rthk/en/component/k2/1874604-20261020.htm"
  },
  "original_language": "en",
  "account": "Christopher Hui, the Secretary for Financial Services and the Treasury, has emphasized the importance of economic alliances in achieving long-term prosperity. This sentiment was expressed during a seminar on trade and supply-chain finance, as well as green and sustainable finance, held at the Asia-Pacific Economic Cooperation finance ministers’ meeting.\n\nThe seminar provided an opportunity for regulators, business leaders, and experts across the region to discuss critical issues such as enhancing financial resilience and promoting sustainable growth. Hui stated that in an era of profound economic transformation and evolving global challenges, prosperity would not be secured by any economy acting alone. Instead, it would be built through partnership, innovation, and resilience.\n\nHui highlighted the relevance of trade and supply-chain finance, as well as green and sustainable finance, to the region's development. He pointed out the government's efforts in these areas, such as its support for small and medium-sized enterprises through finance and trade promotional efforts. Additionally, the government is accelerating green and sustainable finance development and working towards establishing an international carbon market.\n\nTo leverage Hong Kong's financial strength as a premier international financial centre, Hui mentioned the collaboration between Hong Kong Exchanges and Clearing and the Hong Kong Quality Assurance Agency. This collaboration involves the SAR's participation in cross-boundary carbon trading through the SAR’s Core Climate marketplace initiative. By doing so, Hong Kong aims to create a powerful engine for global environmental sustainability and support its country in building a carbon market with greater international influence.",
  "summary": "Secretary for Financial Services and the Treasury Christopher Hui has called on all economies to work together to achieve long-term prosperity. He made the remarks during a seminar on trade and supply-chain finance as well as green and sustainable finance at the Asia-Pacific Economic Cooperation finance ministers’ meeting on Tuesday. Hui noted that the seminar allowed regulators, business leaders…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "RTHK English",
        "title": "Economic alliances 'key as global challenges evolve'",
        "url": "https://urgent.news/2026/10/20/economic-alliances-key-as-global-challenges-evolve",
        "published": "2026-10-20T08:31:09.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}