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Hong Kong 2008 Annual Dinner

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HONG KONG, November 11, 2008 - Government officials and business and academic leaders were among the hundreds of guests who attended the Asia Society Hong Kong Center's Annual Dinner at the J.W. Marriott Hotel.

Goh Chok Tong, Senior Minister of Singapore and Chairman of its Monetary Authority, delivered a keynote address on "Governance and Growth in Emerging Asia." In his remarks Goh speculated that while the United States will likely retain its status as the leader of the world economy, at least in the near future, the rise of East Asia will eventually lead to a more multipolar economic order. Goh also acknowledged that the current global economic slowdown is likely to get worse well into 2009, and explained that the rest of Asia looked to China to develop its internal markets as a means of stabilizing the regional and world economy.

Related links:
Goh Chok Tong at the Hong Kong Center's Annual Dinner
Asia Society Hong Kong Center

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