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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Bibliographic Details
Imprint:Washington, D.C. : International Monetary Fund, ©2010.
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
Hidden Bibliographic Details
Varying Form of Title:Hong Kong SAR, 2010 Article IV consultation
Other authors / contributors:International Monetary Fund, issuing body.
ISBN:1283551799
9781283551793
9781455265978
1455265977
1455291218
9781455291212
9781455212675
1455212679
Notes:"December 2010."
Online resource; title from PDF title page (IMF Web site, viewed November 16, 2011).
Summary:1. Growth. The economy is recovering briskly with all demand components resuming a strong growth trajectory (Figure 1). Growth is likely to reach 6 3/4 percent this year and moderate to 5-5 1/2 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.
Standard no.:10.5089/9781455291212.002

MARC

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245 0 0 |a People's Republic of China :  |b Hong Kong Special Administrative Region : 2010 Article IV consultation discussions : staff report, staff statement, and public information notice on the Executive Board discussion /  |c prepared by the staff representatives for the 2010 consultation discussions with the People's Republic of China - Hong Kong Special Administrative Region. 
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520 |a 1. Growth. The economy is recovering briskly with all demand components resuming a strong growth trajectory (Figure 1). Growth is likely to reach 6 3/4 percent this year and moderate to 5-5 1/2 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. 
588 0 |a Online resource; title from PDF title page (IMF Web site, viewed November 16, 2011). 
505 0 |a I.A Resurgent Economy; Figures; 1. A Robust Recovery; II. Capital Inflows and Financial Conditions; 2. Financial Market Developments; III. The Credit-Asset Price Cycle; 3. The Real Estate Market; Boxes; 1. Are Residential Property Prices Overvalued?; 2. Property Market Measures; 3. Exchange Rate Assessment; IV. The Need to Withdraw Fiscal Stimulus; V. Longer-Term Issues; 4. Recent Steps Toward Renminbi Internationalization; VI. Staff Appraisal; Tables; 1. Selected Economic and Financial Indicators; 2. Consolidated Government Account; 3. Medium-Term Balance of Payments. 
505 8 |a 4. Medium-Term Macroeconomic Framework5. Vulnerability Indicators; Contents; I. Fund Relations ; II. Statistical Issues. 
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