HK and ‘One Country, Two Systems’ more important with complex geopolitics: HK Financial Secretary Paul Chan

The Chinese city of Hong Kong had a rough 2023. Hong Kong’s economy grew by 3.2% last year, slightly slower than economists expected, and far below the government’s forecast of 4-5% at the beginning of 2023. A hoped-for post-COVID boom in travel and retail has fizzled out. A slower-than-expected Chinese economy is also dragging down the city’s stock market, with the Hang Seng Index now…