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What is happening to Hong Kong? |
The stock market is going down, food from China is getting expensive, housing price is rising, is it because of the US economy?? Come on , Hong Kong, get back up! I am sure it will go back up. However, the US economy does play a part in it. It isn't just HK but globally, the market is declining. I do not think so. because it is market not your mind. Hong Kong is an international city where the economy consists of U.S. depress, Asia stock market crunch, booming China development, Southeastern Asia growing, even India strong domestic demands. at the level of finance, Hong Kong Dollar is fixed to USD which declines due to healing U.S. economy at present so that HKD is depreciating with real estate price up on the other hand. |
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