Hong Kong’s economic system expanded by 3.eight{a24bb2b0f5056a2cf158ab58bcf72750b4b28a459e1f155879d047465df4f81d} yr-on-12 months in real terms in 2017, after rising by 2.1{a24bb2b0f5056a2cf158ab58bcf72750b4b28a459e1f155879d047465df4f81d} in 2016. At the identical time, only 22 percent think they’ve been instantly helped by Trump insurance policies. Billionaire investor Carl Icahn denies having prior data of President Trump’s plans to impose tariffs on imported metal before selling $31 million in Manitowoc shares. Against a whole vary of economic and financial metrics, the Australian and international bubble which I warned about in 2017 has continued to grow bigger over the past 12 months,” he mentioned.
In January 2018, Hong Kong’s main export markets have been the Chinese language mainland, the US, the EU, ASEAN, India and Japan, which respectively made up 54.7{a24bb2b0f5056a2cf158ab58bcf72750b4b28a459e1f155879d047465df4f81d}, 8.6{a24bb2b0f5056a2cf158ab58bcf72750b4b28a459e1f155879d047465df4f81d}, eight.5{a24bb2b0f5056a2cf158ab58bcf72750b4b28a459e1f155879d047465df4f81d}, 7.three{a24bb2b0f5056a2cf158ab58bcf72750b4b28a459e1f155879d047465df4f81d}, 4{a24bb2b0f5056a2cf158ab58bcf72750b4b28a459e1f155879d047465df4f81d} and 3.four{a24bb2b0f5056a2cf158ab58bcf72750b4b28a459e1f155879d047465df4f81d} of Hong Kong’s whole exports; adjustments in exports to the above markets have been +29{a24bb2b0f5056a2cf158ab58bcf72750b4b28a459e1f155879d047465df4f81d}, +1{a24bb2b0f5056a2cf158ab58bcf72750b4b28a459e1f155879d047465df4f81d}, +zero.four{a24bb2b0f5056a2cf158ab58bcf72750b4b28a459e1f155879d047465df4f81d}, +3.9{a24bb2b0f5056a2cf158ab58bcf72750b4b28a459e1f155879d047465df4f81d}, +39.four{a24bb2b0f5056a2cf158ab58bcf72750b4b28a459e1f155879d047465df4f81d} and +8{a24bb2b0f5056a2cf158ab58bcf72750b4b28a459e1f155879d047465df4f81d}, respectively.
The first quarter of 2017, when Mr. Trump took office, posted subpar 1.2 {a24bb2b0f5056a2cf158ab58bcf72750b4b28a459e1f155879d047465df4f81d} annualized acquire. In December 2014, the Settlement between the Mainland and Hong Kong on Achieving Fundamental Liberalisation of Commerce in Companies in Guangdong (Guangdong Agreement) was signed beneath the framework of CEPA, enabling early realisation of basic liberalisation …