South China Morning Post·3 min read·medium
Impact of US trade policy shifts on Hong Kong ‘primarily psychological’: Paul Chan
L
Lo Hoi-ying
✦AI Summary
Hong Kong's Financial Secretary Paul Chan stated that the impact of US trade policy shifts and interest rate trends on the city's economy is primarily psychological. Despite external risks, the government remains optimistic about growth, citing strong tourism and airport traffic figures.
Changes in US trade policy and interest rate trends will significantly affect Hong Kong’s economy but the impact will be “primarily psychological”, the finance chief has said, while expressing optimism that growth momentum will continue in the second half of the year.
economybusinesspolitics
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