On December 5, 2024, new economic forecasts indicate that growth in Hong Kong and Singapore may face challenges as Donald Trump returns to the presidency with a focus on tariffs that could further impact China's economy.
Recent estimates from a Bloomberg survey reveal that economists have lowered their quarterly growth outlooks for Hong Kong for the first half of 2025 by at least 0.5 percentage points. The annual growth estimate has been adjusted from 2.6% to 2.2%, based on the median forecast from 29 economists surveyed over the past week.