World News: 09:53 GMT Tuesday 30th July 2019. [Yahoo Business News Feed via SPi World News]
Hong Kong's economic growth is expected to have picked up in the second quarter, analysts say, but the outlook is being clouded by the protracted Sino-U.S. trade war and spiralling social unrest. Protests against the city's government and China are erupting almost daily, disrupting business, scaring off tourists and threatening to tarnish Hong Kong's international reputation as a stable financial hub. While preliminary data on Wednesday (0830 GMT) is expected to show economic growth picked up in April-June, most market watchers do not expect it will last, with no quick resolution seen for either the bruising U.S.-China trade dispute or local political unrest.
SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2019. [Admin Only]
Sector Publishing Intelligence Ltd.
Agriculture House, Acland Road, DORCHESTER, Dorset DT1 1EF United Kingdom
Registered in England and Wales number 07519380.