Hong Kong expects US trade
volume to remain stable
As part of a global project, Terms of trade: Understanding trade dynamics in the US, The Economist Intelligence Unit (EIU) surveyed 531 companies across the globe, including 50 firms based in Hong Kong. Despite low growth, slowing volumes of international trade, and rising anti-globalisation sentiment in the West, only 6% of Hong Kong respondents expect their overall trade to decline over the next five years and just 20% expect their trade with the US to decline over the same period. Nevertheless, challenges remain in trading with the US, including the appearance of unfair competition and issues with payments.
Download the full report here.
Additional Resources
Post-covid Business Recovery: Strategies to Help SMEs Adapt to The New Reality
Amid changing lifestyles and business practices and with so many different forces in play, here are several suggestions on how SMEs...
Hong Kong finance executives anticipate strong economic growth
Hong Kong finance executives anticipate strong economic growth
Hong Kong’s top…
Apply Now
Turn every business expenses into rewards. Enjoy welcome offer up to HK$2,800 and first year annual fee waiver!