Property News · October 4, 2017

Did Hong Kong fumble the ball on China’s ‘golden era’? Yes, says Credit Suisse


Hong Kong has missed the boat on a more than decade-long opportunity to benefit from China’s development, as the mainland’s growth super-cycle is now set to cool amid credit deleveraging and as consumption replaces investment as the centrepiece of the economy, according to Credit Suisse.
Tao Dong, senior adviser and economist with Credit Suisse Private Banking Asia Pacific, told a press briefing on Wednesday that the city gained only peripheral benefits from China’s once-in-a-…

Source : South China Morning Post
Read more…Did Hong Kong fumble the ball on China’s ‘golden era’? Yes, says Credit Suisse

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