Hong Kong, China: Resilience Anchored by Solid Fundamentals and Judicious Use of Buffers amid Severe Strains

Hong Kong, China’s [1] economy and financial system remain resilient despite the pronounced deterioration of growth and employment conditions due to the COVID-19 pandemic. Solid macro fundamentals, labor market flexibility, high levels of foreign and fiscal reserves, and the banking system’s ample buffers have underpinned the resilience of the economy to severe strains.

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Korea: Expansionary Fiscal and Monetary Policies to Support Growth amid Heightened External Headwinds

The Korean economy slowed down in 2019 amid headwinds from global trade tensions and a synchronized global economic slowdown, according to the 2019 Annual Consultation Report on Korea published by the ASEAN+3 Macroeconomic Research Office (AMRO) today.

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Welcome Remarks by AMRO Deputy Director Mr Yasuto Watanabe at the 2018 High-level Policy Forum on Aging Populations and Impact on Fiscal Sustainability

High-level Policy Forum: Aging Populations and their Impact on Fiscal Sustainability in the People’s Republic of China, Japan, and the Republic of Korea Tokyo, Japan | November 22, 2018 (As…

Continue ReadingWelcome Remarks by AMRO Deputy Director Mr Yasuto Watanabe at the 2018 High-level Policy Forum on Aging Populations and Impact on Fiscal Sustainability