Hong Kong ranks second in Asia in economic resilience to US global tariff shocks
3 months ago 37
Hong Kong ranks second among five major Asian economies in resilience to US global tariff shocks, trailing only Singapore, thanks to its diversified trade, strong foreign exchange reserves and strict financial regulations, according to a study by a local think tank.
The “Economic Resilience Index”, released by the POD Research Institute on Tuesday, also suggested that the city should continue diversifying its market and currency options and accelerate institutional reforms to address future...