A major pillar of China's economy has passed the 'tipping point' and could slow further, analyst says
06.12.2018 1631 0 Civifim

A major pillar of China's economy has passed the 'tipping point' and could slow further, analyst says





A major pillar of China's economy has passed the 'tipping point' and could slow further, analyst says

A major pillar of China s economy has passed the tipping point and



on the other hand, is a leading investor in Hong Kong. In December 2016, Shenzhen-Hong Kong Stock Connect, with similar programme principles and design, was launched to further facilitate two-way investment flows and consolidate Hong Kongs development as the global offshore RMB business hub. After three years of strong growth, China's property sales flatlined in 2018 on the back of tighter controls, according Evans-Pritchard said. The Chinese yuan spikes to a 3-month high as trade tensions ease. Economic Relations with the Chinese Mainland Hong Kong is an important entrept for the Chinese mainland. Merchandise exports increased.6 in October 2018 over the same month a year earlier, compared.5 in September 2018.
A major pillar of China s economy has passed the As of December 2017, 1,051 mainland companies were listed in Hong Kong, comprising H-share, red-chip and private companies, with total market capitalisation of around US2.9 trillion, or 66 of the market total. In terms of FDI stock, Hong Kong was the worlds 2nd largest investor and host, after the United States, in 2017. The year of 2019 could begin a broader slowdown in China's housing market, analysts say. But the Pritchard expects its contribution to be less than half as large over the next 10 years. China started a shanty town renovation program in 2015 in an effort to drive home sales in lower-tier cities, helping lift the country's property values over the past few years.






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