Hong Kong economic growth forecast to slow to below 3% in 2019, hit by US-China row

Pedestrians in the shopping district of Causeway Bay in Hong Kong, on Nov 1, 2018. In mid-November, the government recalibrated its estimates for 2018 to 3.2 per cent from the previous 3 to 4 per cent estimate.
Pedestrians in the shopping district of Causeway Bay in Hong Kong, on Nov 1, 2018. In mid-November, the government recalibrated its estimates for 2018 to 3.2 per cent from the previous 3 to 4 per cent estimate.PHOTO: AFP

HONG KONG - Ahead of the United States-China talks at the Group of 20 (G-20) leaders' summit in Buenos Aires on Friday (Nov 30), some economists and analysts are expecting lower growth for Hong Kong's economy for both this and next year.

Of the six economists and analysts polled by The Straits Times, five expected the city's gross domestic product (GDP) growth for 2018 to hover around 3.3 per cent to 3.4 per cent. One said she expected it to be between 3 per cent and 4 per cent.

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