Hong Kong, CHINA : ASIAN DEVELOPMENT OUTLOOK 2013 .
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Fragility in the global economy dampened trade, but resilient domestic demand ensured modest growth.
A rebound is expected in the next 2 years as the global economy gains momentum and trade picks up.
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Inflation will remain at around 4%, fuelled by rising property prices, and the current account surplus will
widen. A liquidity glut and low interest rates entail the risk of asset price bubbles. Ample fiscal reserves
provide flexibility to implement corrective measures against shocks. ----------------------- Source : Asian Development Outlook 2013 - http://www.adb.org/sites/default/files/ado2013-hongkong.pdf
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