Hong Kong can only do so much to mitigate economic risk factors within its control. But Paul Chan, the city's financial secretary, says the risks are manageable. Photo: Bloomberg
SCMP Editorial
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Opinion

Editorial by SCMP Editorial

Paul Chan offers room for economic optimism despite storm clouds

  • Financial secretary believes risks posed by trade war and hot money to growth can be managed, but health of economy must be closely monitored and cooling measures maintained in property market

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Hong Kong can only do so much to mitigate economic risk factors within its control. But Paul Chan, the city's financial secretary, says the risks are manageable. Photo: Bloomberg
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US President Donald Trump at the White House on Thursday said a trade deal with China was still ‘possible’ this week. Photo: Reuters

Donald Trump says trade deal with China may still happen after Xi Jinping sent him a ‘beautiful letter’

  • The US president told reporters that the letter said ‘Let’s work together, let’s see if we can get something done’
  • He suggested his threats to raise tariffs on US$200 billion of imports had helped speed up the reconciliation process
Topic |   US-China trade war

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US President Donald Trump at the White House on Thursday said a trade deal with China was still ‘possible’ this week. Photo: Reuters
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