HONG KONG

Hong Kong is a world-renowned sourcing centre for houseware products, including tableware, kitchenware and sanitary ware made of a vast variety of materials. Owing to the high production costs in Hong Kong, most Hong Kong manufacturers have relocated their production to the mainland. Other high value adding functions, such as sourcing, logistics and product development, are maintained by Hong Kong offices. More

The HKTDC Export Index plunged to 27.4 in 3Q19, the third lowest figure ever recorded. Inevitably, this suggests gloomy prospects for Hong Kong’s export growth over the coming months. Overall, every industry sub-index slipped further into contractionary territory. At 28.7, clothing had the highest rating among the key industries, followed closely by machinery (27.8) and electronics (27.4). Jewellery suffered the greatest decline, falling 17.1 points to 21.1. More

The U.S. Animal and Plant Health Inspection Service (APHIS) announced on 20 September that it has added Hong Kong to the list of regions considered to be affected by African swine fever (ASF). The agency noted that the veterinary authorities of Hong Kong reported on 12 May an occurrence of ASF to the World Organisation for Animal Health. More