Hong Kong to benefit from China’s higher spending power: Bank of East Asia

28 January 2011 | 1 分钟阅读

The Bank of East Asia has published a report in which it says that Hong Kong will be a key beneficiary of China’s growing consumption prowess.  The service industry in Hong Kong should benefit from sharply rising wages and an expected 3-5% appreciation in the Renminbi in 2011, both of which are expected to spur growth in the sector.  The…

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