Asia-Pacific Economic Cooperation

As Apec host, China can show the world a more open side

Open to change

When the Hong Kong government tersely announced this week that the central government had decided to change the location and timing of a key meeting of Apec finance ministers from Hong Kong to Beijing this September, the rumours began to fly.

Friday, 28 February, 2014, 4:21am 1 comment

Key Apec meeting switched from Hong Kong to Beijing

Apec meetings originally scheduled to take place in Hong Kong have been moved to Beijing. Photo: AFP

Hong Kong has been replaced by Beijing as the venue for a meeting of Apec finance ministers and central bankers later this year.

26 Feb 2014 - 3:09am 47 comments

Letters to the Editor, September 14, 2012

C.Y. Leung made the correct decision on Apec. Photo: AP

Dialogue key over national education

Chief Executive Leung Chun-ying's decision not to attend the Asia-Pacific Economic Cooperation summit in Russia, which no former chief executive has missed before, shows his priorities are focused on Hong Kong.

14 Sep 2012 - 2:26am

Still searching for the Apec identity

Former Australian foreign minister Gareth Evans famously quipped that Apec was "four adjectives in search of a noun". Almost two decades on, not much seems to have changed, with the gathering still lacking a coherent identity within the alphabet soup of Asian institutionalism.

14 Sep 2012 - 2:20am

Hu Jintao pledges boost for world economy despite China slowdown

Hu Jintao

President Hu Jintao yesterday warned of a further slowdown in the Chinese economy and pledged to boost domestic demand to help counter the obstacles hindering a global recovery.

"Economic growth is facing notable downward pressure," Hu said at the Apec summit in Vladivostok. "Some small and medium-sized companies are having a hard time and exporters are facing more difficulties.

9 Sep 2012 - 4:06am

Australian prime minister Gillard leaves Apec summit as father dies

Australian Prime Minister Julia Gillard left the Asia-Pacific Economic Co-operation summit in Russia early to return home after learning of her father's death.

John Gillard died yesterday in Adelaide, aged 93. Trade Minister Craig Emerson will take Gillard's place representing Australia at Apec meetings for the remainder of the weekend.

9 Sep 2012 - 5:14am

HK has much to gain from TPP trade pact

Far removed from today's headlines for the most part, a small but highly influential group of major trading countries has been meeting over the past two years to map out the next generation of trade rules for the Asia-Pacific region.

6 Sep 2012 - 1:22am

Don't just wait for Russia to look East

Russia's head lies in Europe while its feet paddle in the Pacific. It is the only European country that is also a Pacific nation, an attribute reflected in its former imperial, and now resurrected, emblem. "The Russian eagle has two heads, looking in two directions at once," the late Arkady Volsky, leading Soviet and post-Soviet industrialist, told me in the late 1990s.

4 Sep 2012 - 11:51pm

Russia's far east should be on Apec's agenda

The Asia-Pacific Economic Co-operation grouping was once described by former Australian premier Paul Keating as "a talk shop of debatable output". With the latest Apec summit opening in the Russian city of Vladivostok this month, we will soon be able to judge whether the gathering is more than just a photo opportunity for leaders to pose in gaudy outfits.

1 Sep 2012 - 2:46am

HK economy contracts 0.1pc on decline in exports

Hong Kong's economy contracted 0.1 per cent in the second quarter, reversing the 0.6 per cent quarter-on-quarter growth in the first three months of the year.

15 Aug 2012 - 11:27pm

Wary applause as China's trade soars in May

China's exports and imports increased sharply in May but economists said the encouraging data did not signal a turnaround for the slowing economy.

11 Jun 2012 - 12:00am

Hong Kong is well placed to ride out coming slump

These are nervous days in Hong Kong. Earlier this week Financial Secretary John Tsang Chun-wah said there are turbulent times ahead, warning that Hong Kong's economy will suffer if the euro-zone crisis deepens, and that property prices could slump.

8 Jun 2012 - 12:00am

Strong and steady

Hong Kong's home prices are still hovering at record levels despite fresh local economic worries and uncertainty about the euro-zone debt crisis arising from election results in France and Greece that have sent the world's financial markets reeling.

25 May 2012 - 12:00am

Shaky global economy clouds Hong Kong outlook

We at the IMF have become more cautiously optimistic in our outlook for global growth over the past few months. A string of encouraging economic indicators have emerged from the United States, and better policies in response to the euro area's deepening crisis have helped reduce the threat of a sharp global slowdown.

11 May 2012 - 12:00am

How much?

Soon we won't have Donald Tsang Yam-kuen to kick around any more. He retires on June 30 a political corpse, leaving no legacy to boast of after 40 years in public service. People will remember him as a luxury-loving chief executive who rode the yachts and planes of tycoons, tried to rent a ritzy retirement home and stayed in a US$6,900 a night hotel in Brazil at taxpayers' expense.

7 May 2012 - 12:00am