Hong Kong economy is predicted to grow 3 percent from 2020 to 2023 - Recent News from USA
A general view shows residential and commercial buildings in the Kowloon district of Hong Kong.

Hong Kong economy is predicted to grow 3 percent from 2020 to 2023

Hong Kong’s economy is expected to average growth of 3 percent from 2020-2023, Financial Secretary Paul Chan said on Wednesday, as he announced his budget for Asia’s financial hub.

Chan also said the economy grew 1.3 percent in the fourth quarter from a year earlier, the weakest increase since the first quarter of 2016, and 3 percent for the full-year 2018.

Hong Kong’s open and trade-reliant economy has been buffeted by external risks, including the U.S.-Sino trade war, China slowdown, cooling property prices and stock market volatility.

Source link

Posts created 2651

Related Posts

Begin typing your search term above and press enter to search. Press ESC to cancel.

Back To Top