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Hong Kong’s economic system expanded by 3.9% yr-on-year in real terms in the first three quarters of 2017, after rising by 2% in 2016. Solely The Australian provides exclusive content from The Wall Road Journal, MarketWatch, The Times and Dow Jones Newswires along with skilled commentary from main trade journalists. The investment expenditure elevated by three.7% 12 months-on-year for the primary three quarters of 2017, after the marginal decline of zero.3% for 2016. Hong Kong’s commerce performance is partly affected by outward processing activities in Guangdong where the vast majority of Hong Kong corporations have prolonged their manufacturing base.

In January-October 2017, Hong Kong’s main export markets were the Chinese mainland, the EU, the US, ASEAN, India and Japan, which respectively made up 54%, 8.9%, 8.6%, 7.four%, four.1% and three.three% of Hong Kong’s total exports; modifications in exports to the above markets had been +9%, +four.three%, +zero.four%, +9.5%, +35.1% and +9.5%, respectively.

Solely four main nations have higher unhealthy loans than India 28 Dec, 2017 01:21 PM IST​​The one nations with a higher NPA than India are Portugal, Italy, Ireland & Greece. Uncertain times await Arab World and Indian pursuits in 2018 27 Dec, 2017 12:fifty five PM ISTPolitical developments within the Gulf, deteriorating Saudi-Iran ties and competing global interests require deft dealing with of India’s outreach to the Arab world.

Hong Kong belongs, in its own right, to the Asian Development Financial institution (ADB) and the World Customs Group (WCO). Government plans to borrow additional Rs 50,000 crore in Jan-March 27 Dec, 2017 05:27 PM ISTThis means govt will now breach its fiscal deficit goal for the year of three.2 per cent of GDP. In July 2017, the mutual bond market entry between Hong Kong and the Chinese language mainland (Bond Join) was launched to promote the development of the bond markets in the two places.

Western Australia’s home gas market is likely to have adequate supply for the following decade if Chevron’s Gorgon domgas stage two proceeds on time and different substitute fields come on-line as anticipated, in accordance with the newest Australian Energy Market Operator report. In response to the HKSAR government statistics, in 2016, 59% of re-exports were of China origin and 54% had been destined for the Chinese language mainland.