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Wednesday, November 14, 2018

Hong Kong is expected to slow down significantly!

https://sg.finance.yahoo.com/news/hong-kongs-third-quarter-gdp-growth-seen-cooling-031106075--business.html

After Japan announced its slowdown, HK is the next to declare that its economic growth will slow down significantly.

Furthermore, HK has to follow the US in hiking interest rates to contain its HKD fall since it is pegged to the USD.

A higher interest rate will cause HK to slow down further.

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