People's Republic of China : Hong Kong Special Administrative Region : 2010 Article IV consultation discussions : staff report, staff statement, and public information notice on the Executive Board discussion /
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Imprint: | Washington, D.C. : International Monetary Fund, ©2010. |
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Description: | 1 online resource (35 pages) |
Language: | English |
Series: | IMF country report, 2227-8907 ; no. 10/345 IMF country report ; no. 10/345. |
Subject: | |
Format: | E-Resource Book |
URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12499520 |
Summary: | 1. Growth. The economy is recovering briskly with all demand components resuming a strong growth trajectory (Figure 1). Growth is likely to reach 63/4 percent this year and moderate to 5-51/2 percent in 2011. Net exports have been buoyed by vigorous growth in the Mainland and the ongoing global recovery. Investment has benefited from the implementation of various multi-year public infrastructure projects and private spending on machinery and equipment has picked up. At the same time, consumption bounced back as labor markets improved and confidence returned. The predominant near-term risks to the outlook are from a weaker external environment, notably an increase in European sovereign risks or a renewed slowdown in the United States. If realized, these risks would spill into Hong Kong SAR through both trade and financial channels. |
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Item Description: | "December 2010." |
Physical Description: | 1 online resource (35 pages) |
ISBN: | 1283551799 9781283551793 9781455265978 1455265977 1455291218 9781455291212 9781455212675 1455212679 |
ISSN: | 2227-8907 ; |