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

New Straits Times - - Business -

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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