Hong Kong’s financial system expanded by three.9% year-on-12 months in actual phrases in the first three quarters of 2017, after rising by 2% in 2016. Information about economics, together with commentary and archival articles published in The New York Occasions. October: The speed returned to four.9 %. Unemployment charges on Minnesota’s Iron Range reached their lowest level for the reason that flip of the century, however the tight labor market is making it difficult for native companies. EconBrowser is a blog that provides an analysis of current economic knowledge, points and macroeconomic coverage.
In November 2014, Shanghai-Hong Kong Stock Join was launched to determine mutual inventory market entry between Hong Kong and Chinese mainland, a major breakthrough in the opening of China’s capital markets. In accordance with the IMF’s report, total non-financial sector debt—which includes family, corporate and authorities debt—is anticipated to proceed to rise strongly, reaching virtually 300 percent of GDP by 2022, up from 242 % in 2016.
Rajiv Sethi is a Professor of Economics at Columbia College. In response to an bettering international trade environment, Hong Kong’s export performance has been above par to date since 2017. Cyril Morong, who teaches economics at San Antonio School, is …Read More