Hong Kong must expand trade networks as AI development could slow, commerce chief says

Hong Kong must proactively expand trade networks and not “wait for luck to come our way”, as artificial intelligence development that drove recent growth in exports may gradually slow down, the city’s commerce minister has said. Secretary for Commerce and Economic Development Algernon Yau Ying-wah said on Sunday that Hong Kong’s September export growth rate – the highest monthly figure in more than 40 years – was driven by an increase in re-export volume equivalent to 1.4 times the city’s gross...