Singapore, Hong Kong Catch Cold from Neighbors
The economies of Asia’s prosperous city-states Hong Kong and Singapore seem set to be about the worst economic performers in Asia this year as world trade falters and the air goes out of once buoyant property markets.
Hong Kong’s Financial Secretary, John Tsang, has just forecast growth of 1-2 percent in 2016 after 2.5 percent last year. But for once the…
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