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ANALYSIS - HONG KONG ECONOMY SET TO GROW AT 5% OVER NEXT 2 YRS.
(Analysis from Asia Today, Australia's regional business magazine. Contact: asiatodayasiatoday.com.au)
HONG KONG, Nov 11 Asia Pulse - Emerging from six years of deflation, the Hong Kong economy is expected to see five per cent growth over each of the next two years as it continues to integrate economically with China.
After seven years of de-leveraging, which started with the Asian financial crisis, Hong Kong's economy is firing on all cylinders. That is the verdict of Mohan Singh, Head of Research at investment bank BNP Paribas Peregrine in Hong Kong.
He reckons the economy will grow at an annual rate of five per cent over the next two years, and sustain the momentum thereafter as it continues to integrate with China's…
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Source: HighBeam Research, ANALYSIS - HONG KONG ECONOMY SET TO GROW AT 5% OVER NEXT 2 YRS.
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