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Hong Kong's Economy in the Financial Crisis
ZHANG Yang
2009
Source PublicationEast Asian Policy
ISSN1793-9305
Volume1Issue:2Pages:40-53
Other Abstract

Hong Kong's economic growth moderated significantly to 2.5% in 2008. In the last quarter of 2008, it registered a negative growth of -2.5%. The Hong Kong government has responded swiftly to the financial turmoil by putting forward measures to stabilise the financial market, support enterprises and create employment, including a proposed budget deficit of about HKD 40 billion. Cushioned by the growing mainland, Hong Kong's economy in 2009 is projected to shrink modestly by two to three percent.

Language英語English
Document TypeJournal article
CollectionFaculty of Business Administration
Corresponding AuthorZHANG Yang
Affiliationthe Faculty of Business Administration, University of Macau and visiting research fellow at East Asian Institute, National University of Singapore.
First Author AffilicationFaculty of Business Administration
Corresponding Author AffilicationFaculty of Business Administration
Recommended Citation
GB/T 7714
ZHANG Yang. Hong Kong's Economy in the Financial Crisis[J]. East Asian Policy, 2009, 1(2), 40-53.
APA ZHANG Yang.(2009). Hong Kong's Economy in the Financial Crisis. East Asian Policy, 1(2), 40-53.
MLA ZHANG Yang."Hong Kong's Economy in the Financial Crisis".East Asian Policy 1.2(2009):40-53.
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