"Hong Kong Business Forecast Report Q3 2014" Is Now Available at Fast Market Research
T he Hong Kong economy narrowly eclipsed our expectations for 2.8% growth in 2013, notching a 2.9% full-year expansion on the back of 3.0% year-on-year growth in Q413. Nevertheless, we remain decidedly below consensus (3.7%) with our 2014 real GDP forecast of 3.0%, with expectations for the ongoing slowdown in China as well as the nascent correction in the Hong Kong property market to take a toll on broader economic activity.
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