Global · 22 views
How Hong Kong can go from passive trade hub to regional control tower
This year has opened a rare window of relative calm in global commerce. On October 8, the World Trade Organization doubled its forecast for global goods trade growth, from 1.9 to 3.9 per cent.
AI Summary
The World Trade Organization raised its forecast for global goods‑trade growth on October 8, doubling the estimate from 1.9 % to 3.9 %. With easing tensions between the United States, China and Europe creating a rare period of calm in global commerce, Hong Kong has taken advantage of the opportunity.
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