The Kwai Tsing container terminal in Hong Kong. Chinese exports to the US via Hong Kong accounted for 7 per cent of the city’s total exports in 2018. Photo: Roy Issa

Hong Kong seeks new markets through Asean free-trade deal as US-China trade war rages on

  • Free-trade deals with Singapore, Thailand, Vietnam, Laos and Myanmar take effect on Tuesday, with the rest of the bloc to follow
  • Government has vigorously funded local ventures to new markets
Topic |   US-China trade war: All stories

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The Kwai Tsing container terminal in Hong Kong. Chinese exports to the US via Hong Kong accounted for 7 per cent of the city’s total exports in 2018. Photo: Roy Issa
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Edward Yau says he is not optimistic about trade in upcoming quarters. Photo: May Tse

Trade war will continue to buffet Hong Kong, says commerce minister Edward Yau, as new Chinese tariffs on US imports take effect

  • Yau is pessimistic about trade in the second and third quarters and expects sluggish growth to continue
  • Fears of a global economic slowdown also persist, with Yau warning Hong Kong will be among the first to take a hit
Topic |   US-China trade war: All stories

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Edward Yau says he is not optimistic about trade in upcoming quarters. Photo: May Tse
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