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In 2009, Hong Kong's real economic growth fell by 2.8% as a result of the Great Recession. [33] By the late 20th century, Hong Kong was the seventh largest port in the world and second only to New York City and Rotterdam in terms of container throughput. Hong Kong is a full Member of the World Trade Organization. [34]
The ongoing political strife in Hong Kong is not directly slowing shipping activity at the world's busiest cargo airport, but could gradually reshape supply chains in unexpected ways. A two-day ...
The United States' embargo on China led to a decline in the entrepôt trade with China, Hong Kong's biggest market at the time. But Hong Kong focused on manufacturing instead. [ 10 ] Moreover, as China's products could not be exported, Hong Kong replace these exports. [ 10 ]
The spread of the novel coronavirus has paralysed Hong Kong's deal-making hub as travel restrictions curb Chinese companies' ability to meet global investors.Hong Kong's two-week compulsory ...
Hong Kong aims to eliminate subdivided flats by 2049, a target set in 2021 by China's top official overseeing the city. Beijing sees the housing woes as a serious social problem that helped fuel ...
The Hong Kong economy officially slid into recession in the final quarter of 2008. The economy is predicted to grow at 2 percent in 2009. Hong Kong is an advanced tertiary economy built on services, retail, tourism, transport and financial industries.
Besides the decline of Cantonese in Guangzhou, there is also fear of Cantonese declining in Hong Kong. Stephen Matthews, an associate professor of linguistics at the Chinese University of Hong Kong commented that "It is difficult to calculate the timing but in the medium- to long run, Cantonese is an endangered language".
A Hong Kong court found two former news editors guilty on Thursday of publishing seditious content on a shuttered pro-democracy media site, a ruling rights groups said was a further blow to press ...