Photo: During the seminar's panel discussion, speakers touched on Hong Kong's role in the new global economic order and the contributions from the public, private and academic sectors. (L-R) Prof. Jesus Seade, Vice-President of Lingnan University; Dr. William Fung, Managing Director of Li & Fung Group; Mr. Cheng Yan-chee, Deputy Secretary for Financial Services and the Treasury (Financial Services); Prof. Richard Wong, Deputy Vice-Chancellor and Provost of the University of Hong Kong; Dr. Raymond Ch'ien, Chairman of MTR Corp. Ltd.; and Mr. Edward Leung, Chief Economist of the Hong Kong Trade Development, as the moderator.

27 January 2010 (Hong Kong, China SAR) - Although many of the Asia-Pacific economies seem to be now on their paths to recovery since the large-scale economic crisis hit the region in 2008, the domestic business environment and prospects for international free trade still remain uncertain for most. Dr. William Fung, Managing Director of Li & Fung Group and former Chair of PECC, spoke of the persisting threat of protectionism amid concerns about decline in economic growth and trade.

However, there were also reasons to stay positive in light of the emerging opportunities for businesses under the new global economic order post-crisis as reminded by Dr. Raymond Ch'ien Kuo-fung, Chairman of the MTR Corporation. A panel discussion with five eminent businessmen and economists was moderated by Edward Leung, Chief Economist of the Hong Kong Trade Development Council. The panelists discussed the impact of the crisis on regional cooperation in the Asia-Pacific and explored the role of the region in the post-crisis global economic order.

Program

Press Release

Program Leaflet (pdf 871KB)