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If applied, these tariffs could disrupt world trade flows and accelerate trade diversion processes, most likely impacting Hong Kong’s export activities above the subsequent twelve months.
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Incorporates financial loans for trade finance together with other loans for use in Hong Kong. Because December 2018, figures for financial loans to be used in/exterior Hong Kong are already restated to mirror authorized establishments’ reclassification of Doing the job funds loans.
Economist Doris Fung reported a large number of unpredictable aspects can be guiding the firms' problems, for example uncertain expansion charges in Europe plus the prospective for a trade war pursuing Donald Trump's re-election as US president.
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The main unveiled figures are identified as "advance estimates". The advance estimates include the real advancement of overall GDP and its key expenditure parts. When extra data develop into readily available, the progress estimates might be revised.
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A completely new signal convention has long been adopted for the entire series of the financial account since June 2023. From then on, an increase in money non-reserve property/reserve belongings is indicated by a constructive price even though a decrease in financial non-reserve belongings/reserve assets is indicated by a unfavorable benefit.
The Government strives to the early publication of the new calendar, by using a watch to allowing for users of the general public, tourists and related industries to learn about the mega occasions in Hong Kong, facilitating the early preparing of visits to Hong Kong, or seizing enterprise options by planning and launching pursuits and merchandise in collaboration Together with the mega functions.
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Hong Kong is taking the in depth department banking method overall flexibility to disseminate data around the external posture by using a timeliness of more than one month.