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S&P affirms Hong Kong’s 'AA+/A-1+' ratings; Outlook Stable

March 27, 2018

 HONG KONG - The sizable fiscal reserves, strong external position, and above-average economic growth of Hong Kong support credit ratings which Standard & Poor’s has affirmed at 'AA+/A-1+'.”The stable outlook reflects our expectations that Hong Kong will maintain its strong credit metrics as well as the outlook on the SAR's central government, China,” S&P says.

Chinese Vice Premier Liu calls for rationality in Sino-U.S. trade ties

March 27, 2018

BEIJING – China’s Vice Premier, Liu He, has called for rationality and joint efforts by China and the United States to safeguard the stability of China-U.S. trade relations. He made the remarks at two symposia, addressing representatives from international organizations, entrepreneurs and scholars attending the China Development Forum 2018 in Beijing.

China Mainland wine imports up 13%, with French wine leading

March 15, 2018

HONG KONG - A consumer survey commissioned by the HKTDC on mainland wine consumption found an increasingly demanding market that prefers red wine. Surveying 2,400 consumers in 10 mainland cities: Beijing, Shanghai, Guangzhou, Chengdu, Wuhan, Shenyang, Nanjing, Harbin, Suzhou and Yantai, the study found that other types of wine remain a niche market on the mainland.