NewzThe 33rd Asia-Pacific Economic Cooperation (APEC) Finance Ministers' Meeting opened in Hong Kong, China, on Tuesday, marking the first time the city has hosted an APEC ministerial meeting. 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... Asia-Pacific Economic Cooperation (Apec) finance chiefs reached a consensus on economic policy coordination and cooperation on financing technology and artificial intelligence at a landmark two-day gathering in Hong Kong, according to China’s finance minister. Lan Foan said the outcomes achieved during the Apec Finance Ministers’ Meeting would help shape discussions at the leaders’ summit in Shenzhen next month.
“China will work with all member economies to implement the important consensus...
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