Hong Kong's economic growth fell further in the final quarter of 2011 as global trade weakened, and the government forecast an anemic expansion this year.The economy expanded by 3 percent in the three ...
Standard Chartered Sees Hyperinflation Risk for Hong Kong
The U.S. Federal Reserve’s pledge to keep interest rates low through at least late 2014 creates a risk of hyperinflation in Hong Kong, said Jaspal Bindra, Standard Chartered Plc’s chief executive officer for Asia.
Standard Chartered’s Bindra Sees Hong Kong Hyperinflation Risk
The U.S. Federal Reserve’s pledge to keep interest rates low through at least late 2014 creates a risk of hyperinflation in Hong Kong, said Jaspal Bindra, Standard Chartered Plc’s chief executive officer for Asia.