Iris Pang, economist at ING, notes that Hong Kong’s GDP growth was weaker than expected at 3.0% for the whole of 2018 and 1.3%YoY in 4Q18. Key Quotes “This was mainly a result of the trade war, which dampened export activities and related jobs in Hong Kong and on the Mainland, with negative feedback into consumption in Hong Kong.” “Investment only grew by 2.2% in 2018, which was lower than the first three quarters’ average of 4.5%YoY. We believe that this is also a result of the trade war, causing businesses to defer their investment decisions.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Central Banks: Rate hikes, slowing inflation have tightened conditions – Standard Chartered FX Street 4 years Iris Pang, economist at ING, notes that Hong Kong's GDP growth was weaker than expected at 3.0% for the whole of 2018 and 1.3%YoY in 4Q18. Key Quotes "This was mainly a result of the trade war, which dampened export activities and related jobs in Hong Kong and on the Mainland, with negative feedback into consumption in Hong Kong." "Investment only grew by 2.2% in 2018, which was lower than the first three quarters' average of 4.5%YoY. We believe that this is also a result of the trade war, causing businesses to defer their investment decisions." Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
