Hong Kong’s economy expanded by three.eight{a24bb2b0f5056a2cf158ab58bcf72750b4b28a459e1f155879d047465df4f81d} yr-on-year in real terms in 2017, after growing by 2.1{a24bb2b0f5056a2cf158ab58bcf72750b4b28a459e1f155879d047465df4f81d} in 2016. In 2017, a total of fifty eight.5 million visitors, equal to 7.9 times of the scale of Hong Kong’s native inhabitants, were recorded, with those from the Chinese language mainland accounting for 76{a24bb2b0f5056a2cf158ab58bcf72750b4b28a459e1f155879d047465df4f81d} of the whole. The Senate is edging ahead legislation to roll back a number of the restraints on banks that President Barack Obama and Democrats in Congress put in place eight years ago to forestall another monetary disaster.
In January 2018, Hong Kong’s main export markets had been the Chinese language mainland, the US, the EU, ASEAN, India and Japan, which respectively made up fifty four.7{a24bb2b0f5056a2cf158ab58bcf72750b4b28a459e1f155879d047465df4f81d}, 8.6{a24bb2b0f5056a2cf158ab58bcf72750b4b28a459e1f155879d047465df4f81d}, eight.5{a24bb2b0f5056a2cf158ab58bcf72750b4b28a459e1f155879d047465df4f81d}, 7.3{a24bb2b0f5056a2cf158ab58bcf72750b4b28a459e1f155879d047465df4f81d}, 4{a24bb2b0f5056a2cf158ab58bcf72750b4b28a459e1f155879d047465df4f81d} and 3.4{a24bb2b0f5056a2cf158ab58bcf72750b4b28a459e1f155879d047465df4f81d} of Hong Kong’s total exports; adjustments in exports to the above markets have been +29{a24bb2b0f5056a2cf158ab58bcf72750b4b28a459e1f155879d047465df4f81d}, +1{a24bb2b0f5056a2cf158ab58bcf72750b4b28a459e1f155879d047465df4f81d}, +0.four{a24bb2b0f5056a2cf158ab58bcf72750b4b28a459e1f155879d047465df4f81d}, +three.9{a24bb2b0f5056a2cf158ab58bcf72750b4b28a459e1f155879d047465df4f81d}, +39.four{a24bb2b0f5056a2cf158ab58bcf72750b4b28a459e1f155879d047465df4f81d} and +8{a24bb2b0f5056a2cf158ab58bcf72750b4b28a459e1f155879d047465df4f81d}, respectively.
FT and ‘Financial Times’ are trademarks of The Financial Occasions Ltd. Asian shares are mostly greater on reduction that President Donald Trump’s tariffs on U.S. steel and aluminum imports may not be as harsh as initially feared. Malaysia’s economy continues to perform strongly, with increased than anticipated development at 5.eight p.c in 2017, and projected …
