APEC Finance Ministers' Meeting Held in Hong Kong for First Time
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The Asia-Pacific Economic Cooperation (APEC) Finance Ministers' Meeting opened in Hong Kong for the first time on 21 October 2026. Chinese Finance Minister Lan Fo'an said at the meeting that the current international situation is complex and volatile, and called for stronger macroeconomic policy dialogue and coordination among economies to guard against negative "spillover effects" from policy adjustments. Hong Kong Financial Secretary Paul Chan raised the risk of over-investment in artificial intelligence. The meeting continues today and will issue a finance ministers' statement.
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- 明報·每日要聞Lan Fo'an Urges Coordination at APEC to Prevent Policy Spillovers; Paul Chan Flags AI Overinvestment Risks as Finance Minister Warns International Situation Is 'Highly Uncertain'
The Asia-Pacific Economic Cooperation (APEC) finance ministers' meeting opened in Hong Kong yesterday for the first time. Chinese Finance Minister Lan Fo'an said the current international situation is complex and volatile, and called for stronger macroeconomic policy dialogue and coordination to prevent negative 'spillover effects' from policy adjustments. Hong Kong Financial Secretary Paul Chan raised the risk of overinvestment in artificial intelligence. The meeting continues today and will issue a finance ministers' statement.
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