Financial secretary warns of the Trump impact on Hong Kong

He considers rolling out balanced and suitable policies.

In a report from South China Morning Post, the city’s top two finance officials have issued warnings about possible trouble in the global economy, with countermeasures planned if Hong Kong is hit by the impact of US President Donald Trump’s protectionist policies.

Financial Secretary Paul Chan Mo-po and Secretary for Financial Services and the Treasury ­Professor Chan Ka-keung both sounded the alarm on Sunday as the world watches every move made by Trump since the tycoon and former reality TV star was sworn in as America’s 45th ­president last month. In a blog post, Paul Chan wrote that he was considering rolling out “balanced and suitable” policies – to be announced in his maiden budget later this month – to ensure the city remained stable even if the world economy ­became turbulent.

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