People's Republic of China : Hong Kong Special Administrative Region: 2010 Article IV Consultation Discussions: Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion

Journal Issue

Volume/Issue:: 2010/345
Series:: IMF Staff Country Reports
Author(s):: International Monetary Fund
Publisher:: INTERNATIONAL MONETARY FUND
Published Date:: December 2010
DOI:: http://dx.doi.org/10.5089/9781455212675.002
ISBN:: 9781455212675
ISSN:: 1934-7685
Page:: 35

Owing to prompt policy action, the Hong Kong economy is now back on a robust growth trajectory. Inflation has rebounded, driven by higher costs for utilities. Banks have withstood the financial market volatility. Higher property prices leading to higher rents and the ongoing asset price inflation will feed into higher consumer prices. Financial stability using macroprudential tools and improving the overall fiscal position will help. Preserving the flexibility and adaptability of its economy will require a careful balancing act.

People’s Republic of China - Hong Kong Special Administrative Region: 2010 Article IV Consultation Discussions - Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion

Article

IMF Executive Board Concludes 2010 Article IV Consultation Discussions with People’s Republic of China—Hong Kong Special Administrative Region

Author(s):: International Monetary Fund
Published Date:: December 2010

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People's Republic of China : Hong Kong Special Administrative Region: 2010 Article IV Consultation Discussions: Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion

IMF Executive Board Concludes 2010 Article IV Consultation Discussions with People’s Republic of China—Hong Kong Special Administrative Region

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