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Hong Kong Exports up by 14.7% Year on Year in April Due to Mainland China Growth
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Hong Kong exports up by 14.7% year on year in April due to mainland China growth
Hong Kong’s exports rose by 14.7 per in April against a year ago, following an 18.5 per cent jump in March, a result the government has attributed to sustained growth of the mainland Chinese economy and the city’s efforts to strengthen ties with diverse markets amid the Sino-US trade war. But economists cautioned on Monday that momentum could weaken in the coming months as exporters currently rushing to fulfil orders would face reduced demand wh…
The external merchandise trade statistics released by the Census and Statistics Department today (26th) show that Hong Kong's overall exports and imports in April both recorded year-on-year growth, up 14.7% and 15.8% respectively. The market expected an increase of 12.2% and 16.6% respectively, and the export performance exceeded expectations. Following the record high in March...
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