{"id":109880,"date":"2019-08-14T13:06:00","date_gmt":"2019-08-14T06:06:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/a-recession-in-hong-kong-is-inevitable-says-economist\/"},"modified":"2019-08-14T14:03:42","modified_gmt":"2019-08-14T07:03:42","slug":"a-recession-in-hong-kong-is-inevitable-says-economist","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/a-recession-in-hong-kong-is-inevitable-says-economist\/","title":{"rendered":"A recession in Hong Kong is 'inevitable,' says economist"},"content":{"rendered":"


\nAndy Xie, an independent economist, says Hong Kong’s business people have political power and are “running the place,” and that’s what’s “causing the trouble” in the city.
\n
\nSource : cnbc.com
\nRead more…A recession in Hong Kong is ‘inevitable,’ says economist<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Andy Xie, an independent economist, says Hong Kong’s business people have political power and are...<\/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-109880","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-sAg","jetpack-related-posts":[{"id":111820,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-leaders-need-to-do-something-radical-economist\/","url_meta":{"origin":109880,"position":0},"title":"Hong Kong's leaders need to do 'something radical': Economist","date":"October 23, 2019","format":false,"excerpt":"\r Beijing will embrace \"symbolic change\" in Hong Kong, but that won't help much, says Andy Xie, an independent economist. He also says Hong Kong authorities need to adopt a more progressive tax structure, including changes to taxes for property and high-income individuals.\r \r Source : cnbc.com\r Read more...Hong Kong's\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":134362,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-services-to-rebound-as-china-reopens-but-ubp-says-sector-is-coming-from-fragile-situation\/","url_meta":{"origin":109880,"position":1},"title":"Hong Kong services to rebound as China reopens, but UBP says sector is coming from 'fragile situation'","date":"February 2, 2023","format":false,"excerpt":"\r However, its economist warned that the sector will be \"going from a very fragile situation,\" given its contraction in every single quarter of 2022.\u00a0\r \r Source : cnbc.com\r Read more...Hong Kong services to rebound as China reopens, but UBP says sector is coming from 'fragile situation'","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":68184,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/did-hong-kong-fumble-the-ball-on-chinas-golden-era-yes-says-credit-suisse\/","url_meta":{"origin":109880,"position":2},"title":"Did Hong Kong fumble the ball on China\u2019s \u2018golden era\u2019? Yes, says Credit Suisse","date":"October 4, 2017","format":false,"excerpt":"\r Hong Kong has missed the boat on a more than decade-long opportunity to benefit from China\u2019s development, as the mainland\u2019s 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140515,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-ties-with-zurich-as-worlds-most-expensive-city-to-live-while-hong-kong-slips-one-spot-to-fifth-in-latest-eiu-study\/","url_meta":{"origin":109880,"position":3},"title":"Singapore ties with Zurich as world\u2019s most expensive city to live while Hong Kong slips one spot to fifth in latest EIU study","date":"November 30, 2023","format":false,"excerpt":"\r The city state took pole position for the ninth time in 11 years while Hong Kong slipped one notch to rank fifth among 173 countries, according to a study by the Economist Intelligence Unit (EIU).\r \r Source : South China Morning Post\r Read more...Singapore ties with Zurich as world\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":92080,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uks-links-to-hong-kong-make-it-more-vulnerable-to-a-china-recession-says-bank-of-england\/","url_meta":{"origin":109880,"position":4},"title":"UK's links to Hong Kong make it more vulnerable to a China recession, says Bank of England","date":"June 22, 2018","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...UK's links to Hong Kong make it more vulnerable to a China recession, says Bank of England","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117192,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foreclosures-set-to-surge-as-hong-kong-homeowners-struggle-with-finances-due-to-recession-rising-unemployment\/","url_meta":{"origin":109880,"position":5},"title":"Foreclosures set to surge as Hong Kong homeowners struggle with finances due to recession, rising unemployment","date":"June 17, 2020","format":false,"excerpt":"\r The number of foreclosed properties in Hong Kong could reach the highest level since the global financial crisis early next year, as owners struggle to repay mortgages amid a recession-hit economy that has taken a toll on businesses and pushed the unemployment rate to the highest in more than\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/109880"}],"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=109880"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/109880\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=109880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=109880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=109880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}