Apec meeting highlights Hong Kong’s ‘Going Global’ pathway

Asia-Pacific Economic Cooperation (Apec) nations agreed to boost economic coordination amid mounting challenges after a meeting of finance ministers in Hong Kong. “We note that global imbalances have persisted, creating risks to growth and stability,” the finance ministers said in a joint statement following two days of talks. “We recognise that global rebalancing is in our common interest and agree to strengthen communication and cooperation in this regard.” The group also released a policy...