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News. Science & Tech. Shopping. Sports. Weather. 24/7 Help. For premium support please call: ... “Hong Kong is a barometer of the economic activities in China," said Patrick Ip, managing ...
Hong Kong’s economy has struggled to regain momentum since it reopened after more than two years of self-imposed Covid isolation. In 2023, its GDP grew 3.2%, thanks to a low base in 2022, but it ...
Hong Kong's economy shrank faster in the third quarter, contracting 4.5% from the same period a year earlier, the third straight quarter of downturn, advance government data showed on Monday, as ...
The economy of Hong Kong is a highly developed free-market economy. It is characterised by low taxation , almost free port trade and a well-established international financial market. [ 15 ] [ 16 ] Its currency, called the Hong Kong dollar , is legally issued by three major international commercial banks, [ 17 ] and is pegged to the US dollar .
Congestion in the Cross-Harbour Tunnel. The new toll scheme for Hong Kong's cross-harbour tunnel, also known as the "three-tunnel diversion," is a plan proposed by Hong Kong Chief Executive Carrie Lam in the 2018 Hong Kong Chief Executive's Policy Address to divert traffic from the Cross Harbour Tunnel, Eastern Harbour Crossing and Western Harbour Crossing.
The Hong Kong Economic Journal (HKEJ). is a Chinese-language daily newspaper published in Hong Kong by the Hong Kong Economic Journal Co., Ltd.. Available in both Hong Kong and Macau, the newspaper mainly focuses on economic news and other related, usually political issues. The newsjournal is also available to some air passengers – those ...
The economy shrank by 3.2% in July-September from the previous quarter on a seasonally adjusted basis, revised government data showed, in line with a preliminary reading. ... Hong Kong sank into ...
The Mainland and Hong Kong Closer Economic Partnership Arrangement, or Closer Economic Partnership Arrangement (CEPA) for short, is an economic agreement between the Government of the Hong Kong Special Administrative Region and the Central People's Government of the People's Republic of China, signed on 29 June 2003.