Options for HK traders as exports fall

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September 25, 2019

HONG KONG - As the trade dispute between the United States and Mainland China continues and the world economy beings to slow, the Hong Kong Trade Development Council (HKTDC) has made a further downward revision to its forecast for Hong Kong's export performance in 2019, saying the city's exports will decline 4% by value this year.
HKTDC Director of Research Nicholas Kwan said the United States had imposed tariffs on almost all goods imported from the mainland.
"Inevitably, this will have an impact on Hong Kong's exports to the US," he said.