The Hong Kong economy is poised to rebound strongly this year, before moderating towards trend growth next year.
The joint AMRO-HKIMR Roundtable on the Economy of Hong Kong, China was held at the Hong Kong Academy of Finance on August 29, 2023.
The past several years have been very difficult for Hong Kong due to a series of shocks ranging from domestic unrest to U.S.-China tensions and the COVID-19 pandemic.
Hong Kong’s residential property market has suffered along with the rest of the city’s economy over the past three years amid social and political unrest and the COVID-19 pandemic.
Hong Kong’s role in connecting mainland China with the rest of the world has evolved over time. The city has expanded from a key entrepot for trade and investment in the 1990s to becoming an important hub for financial intermediation and mainland capital account opening, earning it the title of super-connector.
Watch the highlights of AMRO’s 2022 Annual Consultation Report on Hong Kong, China. Following a strong 6.3 percent expansion last year, Hong Kong’s GDP is expected to contract by 2.5…
Hong Kong’s economy is expected to slow in 2022 before accelerating in 2023 after the easing of COVID-19 restrictions and on the back of strong policy support.
Following a strong 6.3 percent expansion last year, Hong Kong’s GDP is expected to contract by 2.5 percent in 2022 before rebounding by 4.3 percent in 2023.
Hong Kong’s economy is recovering and macroeconomic fundamentals remain strong, despite the heavy blow of a fifth wave of COVID-19.
The Chinese University of Hong Kong (CUHK) and the ASEAN+3 Macroeconomic Research Office (AMRO) will hold a virtual roundtable on the economy of Hong Kong, China on Friday, August 5, 2022, 9:30 AM – 12:00 PM (Singapore time).