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I want to speak with Jeffrey Acomoto.

He is the American representative to the International Monetary Fund, the first deputy managing director,

the seat of John Lipsky, of David Lipton and others over the recent years, and we're thrilled

that Mr. Okamoto could join us this morning.

Jeffrey, there is a change at the IMF.

And that will be the language of your regional economic outlook

for the Asia-Pacific region the next time it's published I think of the fancy title for

Hong Kong the resident representative for People's Republic of China, Hong Kong special administrative region.

The politics and indeed the reality has changed in Hong Kong.

How will the IMF adapt to a new Hong Kong?

Thanks, Tom, and it's great to be with you here this morning.

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