Hong Kong’s financial system expanded by three.eight{a24bb2b0f5056a2cf158ab58bcf72750b4b28a459e1f155879d047465df4f81d} 12 months-on-year in real terms in 2017, after growing by 2.1{a24bb2b0f5056a2cf158ab58bcf72750b4b28a459e1f155879d047465df4f81d} in 2016. And they give a lot of credit score to Trump for the renewed energy and vigor they sense in the sinews of the global economic system. For the reason that recession, which ended in Mr. Obama’s first 12 months as president, GDP progress averaged around 2 p.c yearly, an anemic pace historically. U.S. President Donald Trump’s trade envoy is meeting with high officials from the European Union and Japan amid metal dispute.
After being publicly sidelined for many of the last yr, President Donald Trump’s trade guru Peter Navarro is on the rise. Since April 1994, Hong Kong has been an observer of the Commerce Committee of the Group for Economic Cooperation and Improvement (OECD). Based on the HKSAR Census and Statistics Division, the inventory of Hong Kong’s inward funding from the Chinese mainland amounted to US$418 billion at market value or 25.7{a24bb2b0f5056a2cf158ab58bcf72750b4b28a459e1f155879d047465df4f81d} of the entire on the finish of 2016.
Britain’s Treasury chief Philip Hammond is claiming that there is “gentle on the end of the tunnel” for the British economy as he revised up the government’s progress forecast …