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Bank membership mooted

June 30, 2015

Financial Secretary John Tsang says Hong Kong will join the Asian Infrastructure Investment Bank at an appropriate time.

 

Speaking to the media today, Mr Tsang said the Central Government is enthusiastic about Hong Kong joining the bank, but the manner in which Hong Kong will join is still under discussion.

 

He said the ministerial meeting today discussed the role of the bank’s president, and the arrangement to admit new members.

 

In reply to a reporter's query on his handshake with President Xi Jinping at a meeting yesterday, Mr Tsang noted that Mr Xi had shook hands with many people, but not all of them had been captured on camera.

 

On Greece’s debt deadline today, Mr Tsang said it has minimal direct impact on Hong Kong, but its indirect impact is difficult to determine as it may affect some European banks which have connections with Hong Kong.

 

On the mutual recognition of fund arrangement between Hong Kong and the Mainland to begin tomorrow, Mr Tsang said he believed it will have a positive impact on Hong Kong, but did not expect an overwhelming response in the first few days.

 

Before concluding his Beijing visit today, Mr Tsang met Silk Road Fund Company Chairperson Jin Qi, AIIB Multilateral Interim Secretariat Secretary General Jin Liqun, Vice Minister of Foreign Affairs Liu Zhenmin, and Hong Kong & Macau Affairs Office Director Wang Guangya.



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