Speaker:
David Lipton, First Deputy Managing Director, IMF
The IMF's First Deputy Managing Director David Lipton says Hong Kong faces some downside risks in finance and trade due the Eurozone debt crisis, with asset and property prices having "crested". But speaking ahead of the Asian Financial Forum, Lipton expects world GDP growth for 2012 at a "reasonable level" of between three-and-a-half and 4%.
