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Economic
Research
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8 December 2016
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Hong Kong
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Economic
Outlook
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HK’s economy was
supported by growing private consumption, recovery of external demand, rising
domestic investment and steady expansion in building and construction works
in 3Q16. Looking ahead, gradual global economic expansion and tight labour
market would continue to support HK’s economic growth in 2017. Despite global
economic challenges, we believe the Island’s
economy is likely to improve modestly to 1.9% in 2017, vs 1.5% in 2016.
Economist: Zhang Fan|
+8621
6288 9611 ext 105
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Thursday, December 8, 2016
A Mild Recovery Ahead
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