New Straits Times

H.K. QUESTIONS

Financial secretary says concern for China’s economy lacks objective evidence as growth and exports have improved and steel and coal oversupply has eased

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HONG KONG Hong Kong and the mainland is shallow,” Chan wrote on the official website of the financial secretary.

Enhancing cooperatio­n with the mainland could not be considered negative as China was the main growth engine for the global economy, he added.

Moody’s cut its rating on China’s debt for the first time since 1989 on Wednesday, a challenge to the view that the country’s leaders can rein in leverage while maintainin­g the pace of

MONDAY, MAY 29, 2017

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