It's very difficult to see how China can decrease its trade surplus in the short term. China is very self- sufficient in terms of consumer goods and electronics and while they can buy more Boeing and Airbus jets, they are already doing that and still recording a surplus.
Tai Hui
We're seeing inflationary pressure continue to ease in China, largely on the back of food prices, and I think the discussion going forward is that we would see a low inflation environment and maybe a hint of deflation as well.
environment food pressure forward china discussion inflation
It seems the economy is still in pretty good shape. Net exports are still a major contributor.
good economy pretty
The government would like to see a bigger push from the private consumption side to drive the economy,.. Is pretty good news for some of these foreign companies.
government good drive news economy pretty consumption side
Quality property at the top-end of the market is still pretty scarce
quality market pretty property
Both domestic and tourism spending remained very robust during the period, consistent with the local consumption picture in Hong Kong and higher tourist arrivals. Despite the volatility in retail sales figures in recent months, the trend is still pretty strong.
strong picture sales pretty tourism consumption
They have been doing a lot of domestic traveling in the last couple of years and they are very willing to come out and spend and enjoy themselves.
enjoy traveling
It's difficult. We need to boost the competitiveness of Hong Kong workers. That could be done by education but that's a medium-term solution.
education solution difficult
difficult china short trade
People have more faith in Hong Kong's logistics. Low value products are shipped directly out of Shenzhen to the world, higher value products come out through Hong Kong. It's the guarantee of safety.
products people faith world safety
People have more faith in Hong Kong's logistics.
people faith
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