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Tag: pressures

Finance chief expects Hong Kong economy to grow 2.5 to 3.5 pct in 2024

wangxiao02/28/20240

HONG KONG, Feb. 28 (Xinhua) — The Hong Kong economy will expand further this year, with growth of 2.5 to 3.5 percent in real terms for the year as a whole, Financial Secretary of China\’s Hong Kong Sp

Commentary: China\’s economy to further recover despite challenges

wangxiao01/18/20240

BEIJING, Jan. 17 (Xinhua) — China\’s gross domestic product posted growth of 5.2 percent year on year in 2023, meeting the government\’s target of around 5 percent, data from the National Bureau of Sta

High-level conference in Hong Kong highlights challenges to central banks

wangxiao12/27/20230

Agustin Carstens, general manager of the Bank for International Settlements (BIS), delivers a speech at a high-level conference co-organized by the Hong Kong Monetary Authority (HKMA) and the BIS in H

Explainer: How new bureau, policies boost China\’s private economy

wangxiao12/27/20230

BEIJING, Nov. 14 (Xinhua) — Among key policies to ramp up the growth of the private sector, China recently set up a bureau under the country\’s top economic planner.
Why does it matter and how will th

Galvanizing demand key to economy

wangxiao04/29/20230

Customers shop along the renovated Nanjing East Road Walkway in Shanghai. [Photo/Xinhua]
Party leadership meeting calls for greater efforts to overcome challenges
The Chinese economy is recovering, bu

China\’s GDP rises 4.5% year-on-year in Q1

wangxiao04/18/20230

China\’s economy grew by 4.5 percent year-on-year in the first quarter of 2023, versus 2.9 percent in the last quarter of 2022, posting a steady economic rebound, the National Bureau of Statistics said

Hong Kong unveils new budget to bolster speedy economic recovery

wangxiao02/22/20230

HONG KONG, Feb. 22 (Xinhua) — The Hong Kong Special Administrative Region (HKSAR) government on Wednesday unveiled a budget for the new financial year, with a focus on measures to support the speedy

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