Hong Kong's Export Outlook 2014

iStock/Thinkstock

With the challenging global economic outlook, Hong Kong’s exports are now not expected to grow by as much as initially predicted.

While the mild recovery of the European Union and Japan has more or less stayed on track, growth in the United States and China lost a degree of momentum in the early part of the year. This despite the fact the US economy is now showing signs of rallying, while China’s authorities are likely to provide policy support to ensure sustainable development in the near future. 

The upshot?  Hong Kong’s exports are forecast to grow by 4.5 percent in 2014, as opposed to the previously more optimistic figure of 5.5 percent.

Read the entire extensive report:  Hong Kong's export outlook: underlying optimism, despite temporary shortfall