Hong Kong John Tsang Says City economy to grow next year

"Hong Kong John Tsang Says City economy to grow next year | AboutHK.Com - more information about HK"

John Tsang, Hong Kong Financial Secretary, said the city economy, reversing a forecast of a 6.5 percent decline in 2009. Hong Kong announced HK $ 16.8 billion ($ 2.2 billion) in tax cuts, free tuition and expenses to protect people from a recession. His comments came in an e-mail statement from the town government and today were from the Chinese. Among the prospects of economic recovery in Hong Kong: “It’s a complicated question. But you can see the decline this year will narrow. If the economy remains unchanged, we hope a slight growth will start next year. It’s very difficult for the global economy to remain changed. Still, I believe there is a hope for economic growth next year. Comments Please login to post comments or replies.