Premier Li Keqiang has expressed faith in Hongkongers to resolve their own complex problems with wisdom as he struck an upbeat note about the city’s “bright future” despite an international rating agency’s downgrading the city’s outlook. Li commented on the city’s future while speaking at a press conference to wrap up the annual “two sessions” in Beijing. Despite rating agency Moody’s recent downgrade of Hong Kong’s long-term debt outlook, Li stood by the city, pointing to its 2.4 per cent growth last year as an indicator of good performance among advanced economies. The launch of the long-awaited Hong Kong-Shenzhen stock connect is...
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