Hong Kong has a free market economy, highly dependent on international trade and finance - the value of goods and services trade, including the sizable share of reexports, is about four times GDP.
While Hong Kong's economy has rebounded since lifting severe Covid-era travel restrictions at the end of 2022, the city has ...
Hong Kong plans to lower taxes and further cut levies on property transactions, as part of efforts to get economic activity humming again amid an increasingly fraught trade environment.
Hong Kong shares reached a three-year peak, leading Asian markets with optimism for China's economic prospects. The Hang Seng ...
HONG KONG -- Hong Kong's economy is expected to grow 2 to 3 percent in 2025, the financial secretary of the Hong Kong Special Administrative Region (HKSAR) government said on Wednesday.
Hong Kong's economy grew at a slower 2.5% pace in 2024, from 3.2% in 2023, and the outlook for the Asia financial hub is now overshadowed by deepening trade tensions with the United States.
Hong Kong is facing its toughest fiscal test in three decades following a painful run of mammoth deficits, with experts urging the government to make careful cuts as the economy wobbles.
Policymakers in Hong Kong are nearing a crossroads, with dwindling avenues for generating revenue and an economy that’s expected to remain under pressure this year. While officials may be wary ...
Policymakers in Hong Kong are nearing a crossroads, with dwindling avenues for generating revenue and an economy that is expected to remain under pressure this year. While officials may be wary of ...