DBS has revised its 2018 Hong Kong real GDP growth forecast from 2.5% to 3.3%, signalling the bank’s confidence in the synchronised global economy and city’s buoyant domestic demand. Hong Kong’s full-year real GDP growth improved significantly to 3.8% in 2017, up from 2% in 2016, beating the past 10-year trend growth of 2.7%. The seasonally-adjusted unemployment rate dropped to a 20-year…
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