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HKTDC Trims HK 2020E Export Growth to -10%
HKTDC is revising down Hong Kong's 2020 export growth forecast to -10% from -2%, pricing in ongoing trade protectionism whereas the coronavirus crisis has sent economy into a s...
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HKTDC Trims HK 2020E Export Growth to -10%
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2020/06/16 15:24
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HKTDC is revising down Hong Kong's 2020 export growth forecast to -10% from -2%, pricing in ongoing trade protectionism whereas the coronavirus crisis has sent economy into a steep slide, said Director of Research Nicholas Kwan at a press conference.

According to the latest survey done with 500 exporters, 82% disclosed that they recorded over 10% year-on-year sales decline. 97.5% of them expressed that their business was overshadowed by the plague.
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