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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up? -- Ignore unavailable to you. Want to Upgrade?


To: Ramsey Su who wrote (1712)2/15/1999 8:31:00 PM
From: fut_trade  Read Replies (1) | Respond to of 3902
 
...HK no longer has a manufacturing base.

Hong Kong already faced a crisis about 10 or so years ago and has since transformed herself into a major financial center and service-oriented economy. Hong Kong should recover at some point as (if) China's economy maintains it's growth rate. I must say things look pretty grim now though. As I recall, Hong Kong officials themselves postponed the recovery date only a few months ago.