As one of the world's leading international financial centres, Hong Kong's service -oriented economy is characterized by its low taxation, almost free port trade and well established international financial market. Its currency, called the Hong Kong dollar, is legally issued by three major international commercial banks, and ...
Hong Kong's economic freedom score is 90.2, making its economy the freest in the 2018 Index. Its overall score has increased by 0.4 point, with improvements in government integrity, business freedom, and monetary freedom offsetting a decline in the score for the property rights indicator. Hong Kong is ranked 1st among ...
Hong Kong has a free market economy, highly dependent on international trade and finance - the value of goods and services trade, including the sizable share of reexports, is about four times GDP. Hong Kong has no tariffs on imported goods, and it levies excise duties on only four commodities, whether imported or ...
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Feb 28, 2018 ... In 2017, Hong Kong's economy grew by 3.8% in real terms, up from 2.1% growth in 2016. Domestically, the growth of private consumption expenditure quickened to 5.4% in real terms in 2017, from 1.9% in 2016, Investment expenditure grew moderately by 4.2% in real terms, after dipping by 0.1% in 2016.
4 days ago ... Hong Kong's economy ended last year on a strong note thanks to resilient household spending and improved fixed investment, which helped drive full-year economic growth to a six-year high.
Hong Kong's economy could be collateral damage in US, China trade war. 22 Mar 2018 - 10:07pm 14 · Under the linked exchange rate system, the HKMA is mandated to prevent the currency from ...
Hong Kong's per capita GDP is comparable to that of developed countries. Survey results suggested a positive economic outlook through 2011.
East & Southeast Asia :: HONG KONG. Page last updated on March 14, 2018. The World Factbook ×. East & Southeast Asia ::HONG KONG. Flag Description. red with a ..... Economy :: HONG KONG. Panel - Collapsed. Economy - overview: Hong Kong has a free market economy, highly dependent on international trade and ...