Industry News

IMF Executive Board Concludes 2016 Article IV Consultation Discussions with China

Thursday January 12th, 2017

Category: Industry Information, International Issues

Hong Kong SAR’s growth expected to have slowed to 1.5% in 2016, and pick up modestly to about 2% in 2017, driven mainly by private consumption. Main risks are less-than-expected growth in China, uncertainty stemming from the U.S. developments and global market volatility, as well as local property market. To counter renewed signs of overheating in the property market, the authorities have put in place measures to limit risks.

IMF Release