“We're seeing inflationary pressure continue to ease in China, largely on the back of food prices, and I think the discussion going forward is that we would see a low inflation environment and maybe a hint of deflation as well.”
“The government would like to see a bigger push from the private consumption side to drive the economy, ... is pretty good news for some of these foreign companies.”
“Both domestic and tourism spending remained very robust during the period, consistent with the local consumption picture in Hong Kong and higher tourist arrivals. Despite the volatility in retail sales figures in recent months, the trend is still pretty strong.”
“It's very difficult to see how China can decrease its trade surplus in the short term. China is very self- sufficient in terms of consumer goods and electronics and while they can buy more Boeing and Airbus jets, they are already doing that and still recording a surplus.”
“People have more faith in Hong Kong's logistics. Low value products are shipped directly out of Shenzhen to the world, higher value products come out through Hong Kong. It's the guarantee of safety.”
