“President Biden tapped Dominic Ng, the chairman of East West Bank, to represent the United States on the Asia-Pacific Economic Cooperation (APEC) Business Advisory Council (ABAC), comprised of a group of business leaders that advises governments on issues in the region.”
“While speaking at the Future of Asia Conference in 2018, Ng appeared to praise the Chinese Communist Party’s authoritarian economic system, remarking “there is nothing better than that.” Ng made the admission while answering a question about the future of China’s economy and a potential crash.”