Economists' Pick- Highlight
8 Dec 2017
The ability of the UK to weather the impending Brexit economic storm will not only determine the country’s economic future, but also the future prospects for HK-EU co-operation. Uncertainty and opportunity abound in the run-up to Brexit. Hong Kong, with its long-standing links with the UK, is in a prime position to help British companies develop a new free-trade based future and forge partnerships with investors and businesses in Asia.
The rise of middle income consumers in ASEAN countries keeps fueling growth of spending on many lifestyle products and services, including travel and leisure, healthcare and fashion. In the survey conducted by HKTDC Research of the middle class consumers in ASEAN countries, an attempt to reveal their shopping patterns, preferences and channels, Hong Kong is also seen as a good short-break gateway for shopping and a regional lifestyle trendsetter.
When President Xi outlined ambitious plans to transform China's economic base by 2050 at this year's National Congress in Beijing, his words had a particular significance for many of the businesses operating out of Hong Kong and Taiwan.