Chinese economy to remain resilient amid risks from trade tensions and COVID-19 outbreak

The Chinese economy is expected to remain resilient in the face of challenging conditions stemming from a global economic slowdown, the U.S.-China trade tensions, the country’s financial deleveraging process, and the recent COVID-19 outbreak.

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Hong Kong, China: Resilience Anchored by Solid Macro Fundamentals and Ample Policy Space amid Strong Headwinds

Hong Kong’s economy and financial system have remained resilient notwithstanding external headwinds and recent socio-political tensions. Solid macroeconomic fundamentals, a sound financial system, ample fiscal reserves, and good governance have anchored macroeconomic and financial stability despite a sharp slowdown in growth.

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