For a century and a half West and East have joined here, sometimes blending, sometimes clashing, but always producing many dazzling contrasts that make it unique. It is a city which has shown an incredible mastery of modern finance and commerce, yet one which can seen lost in a world of ancient Chinese traditions. The impressive combination of western and eastern culture in Hong Kong will make a visit here unforgettable.
Signs of slowdown include the weakening of industrial production, profits and revenues. Foreign trade flows will lose some momentum following the escalation of trade tensions. The slowdown of activity also reflects the cutback of infrastructure investment, as local government debt has been subject to greater scrutiny, though it could rebound following the recent acceleration of debt issuance and announcement of new projects.
Monetary conditions are now being eased to support economic activity. The escalation of trade tensions resulted in a fall of the exchange rate, which was halted by government interventions, and a decline in stock prices.
Fiscal policy will remain supportive to counteract the weakening of growth. Government spending efficiency will benefit from newly introduced comprehensive performance budgeting, but capital allocation efficiency needs to be improved by gradually removing implicit guarantees to state-owned enterprises and other government entities.
Measures introduced recently to lower average tariffs are welcome and should continue alongside further easing of the operation of foreign companies. Monthly industrial value added data for January and February are not published separately, but for the two months combined. The missing data are computed by linear interpolation.Hong Kong - Economic Forecasts - Outlook This page has economic forecasts for Hong Kong including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Hong Kong economy.
Mr Tsang and Li Ka-shing, the billionaire whose interests in Hong Kong stretch from ports to property and retail to telecoms, have both warned that the economic outlook is worse than that faced.
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The Pestel Framework - Hong Kong. The PESTEL Framework Political factor Hong Kong is a political stable country with various incentives for the foreign investment as. Hong Kong’s 20th-century role as the entrepot, or connector, between China and the West has long since vanished, as foreign firms are able to base offices in China and sell directly to Chinese.
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