Hong Kong, China’s economy is navigating a delicate balance of risks and opportunities amid global trade tensions. The most immediate and pressing challenge arises from its sensitivity to global trade, particularly the tensions between the US and China and the associated slowdown in global trade. However, within this volatile environment, Hong Kong’s unique role as a “super connector” between Mainland China and the rest of the world has come into sharper focus, bolstering financial activities and offering potential opportunities amid uncertainties.
To fortify its economic recovery in the face of compounded external and domestic risks, it will be critical to deploy a coordinated and multi-faceted policy response comprising timely and targeted policy support, market diversification, and efforts to cultivate new growth drivers.