APEC Finance Officials Warn of Persistent Global Economic Imbalances and Geopolitical Risks

Senior finance officials from the Asia-Pacific Economic Cooperation (APEC) forum, meeting in Hong Kong, issued a joint statement warning that persistent global economic imbalances pose risks to growth and stability. They emphasized the common interest in rebalancing trade, particularly with China whose trade surplus is expected to exceed 2025's record. Officials also highlighted risks from geopolitical tensions and vulnerable supply chains.