Hong Kong companies have been urged to seek alternative manufacturing bases. Photo: Roy Issa
Hong Kong exports to shrink 2 per cent in 2020, in second straight year of contraction, Trade Development Council forecasts
- Trade Development Council blames declines on a bleak global economic outlook
- In terms of total exports, the US market was the worst hit in the first 10 months of 2019, falling 13.2 per cent year on year
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Hong Kong economy
Hong Kong companies have been urged to seek alternative manufacturing bases. Photo: Roy Issa