Analysts warned that sustained high oil prices could dampen the economic outlook for both Hong Kong and China, according to a Hong Kong Standard report. While Hong Kong’s economy is predominantly service-based and most of its workers travel on its rapid transit system, high energy prices could still shave as much as 1% off…
CHINA: High oil prices may check Hong Kong, China growth (MEMBERS ONLY)
Posted on October 13, 2004 by EnergyAsia