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Thursday, 12 January 2012, 12:23 HKT/SGT
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Source: HKTDC
IMF: Eurozone Crisis to Impact Hong Kong
Agency's First Deputy Managing Director to Speak at AFF 2012

HONG KONG, Jan 12, 2012 - (ACN Newswire) - Hong Kong faces some downside in finance and trade because of the Eurozone debt crisis, according to David Lipton, First Deputy Managing Director of the International Monetary Fund (IMF).

Speaking ahead of next week's Asian Financial Forum (AFF), Mr Lipton also noted that asset and property prices in Hong Kong have "crested," and he predicted that world GDP growth will remain at a "reasonable level" between 3.5 per cent and four per cent this year.

Watch the HKTDC video here: http://youtu.be/sCP1MOxWaSU

Mr Lipton will speak at the AFF, 16-17 January, organised by the Hong Kong SAR Government and the Hong Kong Trade Development Council (HKTDC). The fifth forum will take place under the theme "Asia: Driving Sustainable Growth." Participants will address growth opportunities and challenges in the Asia-Pacific region, and the mainland in particular. The main programme will focus on such issues as global investment prospects, China opportunities, Japan's reconstruction and green growth initiatives.

Forum Website: www.asianfinancialforum.com

Follow us on Twitter @AFF_HK


Contact:
HKTDC
Corporate Communication Department: 
Joe Kainz
Tel: +852-2584-4216
Email: joe.kainz@hktdc.org


Topic: Trade Show or Conference
Source: HKTDC

Sectors: Trade Shows
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