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IMF raises Hong Kong GDP growth forecast to 6.75 per cent.

BBC Monitoring International Reports

| November 18, 2010 | COPYRIGHT 2001 BBC Monitoring. (Hide copyright information)Copyright

Text of report in English by official Chinese news agency Xinhua (New China News Agency)

[Xinhua "Roundup": "IMF Raises HK GDP Growth Forecast To 6.75 Pct"]

Hong Kong, Nov. 18 (Xinhua) - International Monetary Fund (IMF) Mission Chief for Hong Kong on Thursday raised the forecast for Hong Kong's economic growth to 6.75 per cent in 2010 and maintained IMF's support for the Linked Exchange Rate System.

With the Hong Kong Special Administrative Region (HKSAR) government's prompt policy action in response to the global financial crisis, the IMF sees the Hong Kong economy as now back on a robust growth trajectory, with the key sources of demand firing on all …

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