Hong Kong exports set to recede after months of mounting optimism as coronavirus crisis and rising costs erode business confidence

Hong Kong exports are forecast to run out of steam in the third quarter of this year following a continuous rise in business confidence since early 2020, in an analysis casting fresh economic uncertainty over the city’s trade prospects ahead of the traditional Christmas peak.Trader confidence in Hong Kong exports for the period covering July to September 2021 slipped back to its first-quarter level as businesses registered concerns about the continuing impact of the Covid-19 crisis and surging…


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