HONG KONG, Oct 31 - Hong Kong's economic growth accelerated in the third quarter to 4.1% from a year earlier, official advance estimates showed on Tuesday, as inbound tourism and private consumption supported a revival.
Meanwhile a"difficult external environment" amid geopolitical tensions and tight financial conditions will"continue to weigh on exports of goods and investment and consumption sentiment." "The big picture remains more or less the same as the external environment is still challenging and interest rates are elevated," said Thomas Shik, chief economist at Hang Seng Bank ."These continue to weigh on trade and investment."
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BNNBloomberg - 🏆 83. / 50 Read more »