In response to recent remarks by economist Stephen Roach, the Hong Kong government issued a strong statement challenging the pessimistic views on the city’s future. The government emphasized the need to let data and facts speak for Hong Kong’s bright economic prospects and highlighted the improving growth indicators.
The government’s prompt and direct response, packed with economic data, aimed to counter Roach’s assessment and other Western critics who undermine Hong Kong’s potential. The statement emphasized the city’s resilience and advantages despite short-term challenges.
While Roach’s remarks triggered strong reactions, with leaders like Laura Cha and Regina Ip also voicing their concerns, the government’s data-driven response aimed to provide clarity to both local and international audiences. The goal is to showcase Hong Kong’s long-term potential and resilience in the face of external pressures.
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