{"id":109123,"date":"2019-07-18T16:00:14","date_gmt":"2019-07-18T09:00:14","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/standard-chartered-cuts-hong-kongs-growth-prospects-through-2021-as-us-china-trade-war-puts-the-squeeze-on-citys-economy\/"},"modified":"2019-07-18T17:03:01","modified_gmt":"2019-07-18T10:03:01","slug":"standard-chartered-cuts-hong-kongs-growth-prospects-through-2021-as-us-china-trade-war-puts-the-squeeze-on-citys-economy","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/standard-chartered-cuts-hong-kongs-growth-prospects-through-2021-as-us-china-trade-war-puts-the-squeeze-on-citys-economy\/","title":{"rendered":"Standard Chartered cuts Hong Kong\u2019s growth prospects through 2021 as US-China trade war puts the squeeze on city\u2019s economy"},"content":{"rendered":"<p>&#013;<br \/>\nStandard Chartered, one of Hong Kong\u2019s three currency-issuing banks, has lowered its economic growth forecast for the city through 2021 due to headwinds from a prolonged US-China trade war, the latest among several financial institutions to cut their outlook.Hong Kong\u2019s gross domestic product (GDP) may grow 1.4 per cent in 2019, expand 2 per cent next year, and increase 2.3 per cent in 2021, the bank said. Earlier forecasts by the bank were 2.2 per cent growth in 2019, 2.6 per cent in 2020 and\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3019151\/standard-chartered-cuts-hong-kongs-growth-prospects-through-2021-us-china\" target=\"_blank\">Standard Chartered cuts Hong Kong\u2019s growth prospects through 2021 as US-China trade war puts the squeeze on city\u2019s economy<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Standard Chartered, one of Hong Kong\u2019s three currency-issuing banks, has lowered its economic growth forecast&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-109123","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-so3","jetpack-related-posts":[{"id":38771,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-buyers-to-undergird-hong-kongs-home-prices-standard-chartered-says\/","url_meta":{"origin":109123,"position":0},"title":"China buyers to undergird Hong Kong\u2019s home prices, Standard Chartered says","date":"December 21, 2016","format":false,"excerpt":"\r Hong Kong\u2019s home prices are unlikely to see significant fall amid solid demand, despite the increasing interest rates and the government\u2019s measures to curb growth, Standard Chartered says. \u201cI can\u2019t see Hong Kong\u2019s property prices falling too much considering the demand and supply, and mainland investors are still buying\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127066,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-buyers-snap-up-70-per-cent-of-new-homes-on-offer-casting-aside-hkmas-75-point-interest-hike-as-banks-deferred-raising-mortgage-rates\/","url_meta":{"origin":109123,"position":1},"title":"Hong Kong\u2019s buyers snap up 70 per cent of new homes on offer, casting aside HKMA\u2019s 75-point interest hike as banks deferred raising mortgage rates","date":"June 18, 2022","format":false,"excerpt":"\r HSBC, Standard Chartered, Bank of China (Hong Kong) and Hang Seng Bank kept their prime rates unchanged this week, even after the city\u2019s de facto central bank raised its base rate by 75 basis points.\r \r Source : South China Morning Post\r Read more...Hong Kong\u2019s buyers snap up 70\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104012,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/office-rents-in-hong-kongs-central-district-to-fall-by-up-to-7-per-cent-as-trade-war-dampens-chinese-firms-expansion-plans-says-knight-frank\/","url_meta":{"origin":109123,"position":2},"title":"Office rents in Hong Kong\u2019s Central district to fall by up to 7 per cent as trade war dampens Chinese firms\u2019 expansion plans, says Knight Frank","date":"February 15, 2019","format":false,"excerpt":"\r Prime office rents in the Central business district are forecast to decline by as much as 7 per cent this year as mainland Chinese companies pare back their expansion plans amid uncertainties ranging from the US-China trade war to cooling domestic economic growth, according to Knight Frank\u2019s latest global\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107170,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-luxury-home-prices-creep-up-0-3-per-cent-as-global-average-sinks-to-slowest-growth-in-a-decade-says-knight-frank\/","url_meta":{"origin":109123,"position":3},"title":"Hong Kong\u2019s luxury home prices creep up 0.3 per cent as global average sinks to slowest growth in a decade, says Knight Frank","date":"May 16, 2019","format":false,"excerpt":"\r Luxury home prices in Hong Kong edged up just 0.3 per cent in the first quarter as prices globally rose at their slowest pace in a decade, according to figures from Knight Frank.The average cost of a high-end residential property in 45 cities across the world crept up by\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":154412,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-exports-up-by-14-7-year-on-year-in-april-due-to-mainland-china-growth\/","url_meta":{"origin":109123,"position":4},"title":"Hong Kong exports up by 14.7% year on year in April due to mainland China growth","date":"May 26, 2025","format":false,"excerpt":"\r Hong Kong\u2019s exports rose by 14.7 per in April against a year ago, following an 18.5 per cent jump in March, a result the government has attributed to sustained growth of the mainland Chinese economy and the city\u2019s efforts to strengthen ties with diverse markets amid the Sino-US trade\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107539,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-housing-market-sentiment-cools-as-us-china-trade-war-escalates\/","url_meta":{"origin":109123,"position":5},"title":"Hong Kong\u2019s housing market sentiment cools as US-China trade war escalates","date":"May 28, 2019","format":false,"excerpt":"\r Hong Kong\u2019s property market sentiment is souring. Homeowners are slashing asking prices while buyers are forfeiting deposits on new flats amid the escalating US-China trade war.In New Territories, which has an ample supply of new flats, about 10 per cent of the homeowners have started lowering prices by an\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/109123"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=109123"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/109123\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=109123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=109123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=109123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}