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If implemented, these tariffs could disrupt world-wide trade flows and speed up trade diversion procedures, possibly impacting Hong Kong’s export pursuits around the next 12 months.

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     Mr Yeung claimed that Along with the built-in enhancement of lifestyle, athletics and tourism, the Culture, Athletics and Tourism Bureau (CSTB) is additionally devoted to endorsing the development of industries in these 3 parts as a result of mega events and assisting in driving a diversified economic system. The CSTB aims to showcase Hong Kong's delicate electricity plus the allure of Hong Kong as a global metropolis to the globe.

The program also identified that website visitors to the city in December most relished the society and landscape but were unsatisfied With all the food stuff and local weather.

Most notably, need is predicted to remain consistently robust between the worldwide company Neighborhood for AI-enabled devices.

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Hong Kong is taking the pliability choices for periodicity and timeliness. The indices are disseminated on the quarterly basis in just a few months of the tip from the reference quarter.

Geopolitical uncertainties and the specter of tariff hikes have contributed to far more cautious sentiment among exporters, mirrored while in the HKTDC’s Export Self-assurance Index for the fourth quarter of 2024. 

Chairwoman Agnes Chan stated this was a cautiously optimistic prediction, and expressed assurance in central authorities and SAR govt measures.

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2. Credit score: Looser monetary problems really should relieve liquidity pressures for local companies, although a narrowing HKD-CNY unfold could assist mainland company offshore borrowing.

Surveyed executives and accounting gurus showed a relatively optimistic outlook for Hong Kong, with sixty three percent anticipating the neighborhood economic climate will develop following year.