"Hong Kong Business Forecast Report Q4 2013" Is Now Available at Fast Market Research
Against a backdrop of clear signs of a deterioration in macroeconomic conditions in China and Hong Kong's intricate ties with the mainland, we have revised our real GDP growth forecasts. We now expect the economy to expand 2.4% instead of a previous 3.3% in 2013. In 2014, we are forecasting real GDP growth of 3.0%, lower than a previous estimate of 3.6%. This reflects our relatively more downbeat expectations given consensus projections of 3.0% and 3.9% in 2013 and 2014...
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