Hong Kong GDP, economy and special trading status with U.S. under Biden


Source: cnbc.com cnbc.com

Key Topics in this News Article:

News Snapshot:

European Shares Head for a Positive Open as Global Rally Pauses; U.S. Markets Closed "I think, frankly speaking, there's a lot of headwinds ahead for Hong Kong," said Hao Zhou, a senior emerging markets economist at Commerzbank. "But, from a GDP perspective … probably the Hong Kong economy has bottomed out this year. After two years' sluggish growth, probably we're going to see positive growth for next year and also 2022," he told CNBC's "Squawk Box Asia" on Thursday. The third quarter this year was Hong Kong's fifth consecutive quarter of year-on-year contractions, but there were also some signs of...