Hong Kong's Financial Secretary, Paul Chan Mo-po, has cautioned that geopolitical tensions and trade policy uncertainties present significant downside risks to the global economy. Speaking at a meeting of Asia-Pacific Economic Cooperation (APEC) finance ministers in Hong Kong, Chan emphasized the need for open trade and investment channels and closer regional cooperation. He noted that these global disruptions have contributed to increased energy prices, inflation, and constrained fiscal policies. AI
RANK_REASON The item discusses a speech given by a government official at a regional economic meeting, focusing on economic outlook and policy recommendations.
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