Standard Chartered has downgraded Hong Kong’s GDP growth forecast from 3.8 per cent to 3.6 per cent for the full year, citing the ongoing US-China trade war, further expected interest rate hikes Photo: Roy Issa

Hong Kong’s economy to wobble as US-China trade war, high interest rates take their toll, says Standard Chartered

The bank becomes the latest to downgrade its forecast for the city’s GDP growth, with trade tensions and interest rates on the rise

Topic |   US-China trade war

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Standard Chartered has downgraded Hong Kong’s GDP growth forecast from 3.8 per cent to 3.6 per cent for the full year, citing the ongoing US-China trade war, further expected interest rate hikes Photo: Roy Issa
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Louise Moon

Louise Moon

Louise Moon joined the Post in 2017 and is a reporter on the Business desk. She has a master's in Mandarin from Edinburgh University and a master's in journalism from City University, London. Originally from the UK, she spent her teenage years growing up in Hong Kong which sparked her interest in China.

Chad Bray

Chad Bray

Chad is a senior business reporter focused on finance. He has previously written for The New York Times, The Wall Street Journal and Dow Jones Newswires.