Friday, November 25, 2016

Gloomy Trade Growth Reflects Weak Demand Recovery

Economic Research
25 November 2016
Hong Kong

Economic Highlights




HK’s trade numbers missed market expectation in Oct 2016, indicating global economic recovery was still unstable. But looking ahead, we do not believe trade condition will deteriorate rapidly, given improvement in manufacturing sectors global wise as well as rising commodity prices. However, we still hold a cautious view for a longer term recovery, as slowing Chinese economy, a potential trade war between China and the US, and negative impact from Brexit will undermine HK’s trade sectors.


Economist:  Zhang Fan| +8621 6288 9611 ext 105

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