Hong Kong Financial Secretary on Economy, U.S.-China Trade, Property Market

Hong Kong Financial Secretary on Economy, U.S.-China Trade, Property Market

Assessment

Interactive Video

Business, Social Studies

University

Hard

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FREE Resource

The transcript discusses the economic outlook for 2019, highlighting both opportunities and challenges. It addresses the impact of the US-China trade conflict on Hong Kong, noting the potential effects on trade, investment sentiment, and financial stability. The discussion also covers Hong Kong's GDP expectations and the property market's status, emphasizing the government's stance on not relaxing cooling measures. Finally, the transcript touches on the upcoming budget and potential countercyclical fiscal measures to stabilize the economy and protect jobs.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contribute to the uncertainties in the global economy for 2019?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential impacts of interest rate normalization in advanced economies?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the government plan to address the economic downturn if it occurs?

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