Chan laments lessons left unlearned from financial crisis
Norman Chan, chief executive of the Hong Kong Monetary Authority (HKMA), today told an audience of business leaders in Hong Kong it is "ironic" that the mis-pricing of risk and excessive levels of debt, which contributed to the financial crisis of 2008, "are now considered the solution".
In his keynote address at the 19th Annual Hong Kong Business Summit Luncheon, Chan asked whether central banks can save the world – but first turned to the question of whether the world, as it is, is worth
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