As the trade dispute between the United States and Mainland China heats up and global economic growth slows, the Hong Kong Trade Development Council (HKTDC) has again lowered its export forecast, saying the city’s exports will decline 4% by value this year.

Businesses are urged to look to countries such as Myanmar and Cambodia as the Sino-US conflict bites.

Hong Kong exporters face challenges

In a desperate bid to bolster the country's ailing tourism sector, the Cambodian government has announced that all owners of hotels or guesthouses in the Siem Reap region will be exempt from paying tax until May this year.

Tourism development initiatives continue apace despite the impact of COVID-19 on visitor tallies.

Chocks away on Siem Reap’s Belt and Road airport

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Sun Chanthol, Deputy Prime Minister and First Vice Chairman of the Council for the Development of Cambodia, talks to the HKTDC about Cambodia&rsquo;s success with participating in Belt and Road development, and Hong Kong&rsquo;s advantages in facilitating further cooperation among Belt and Road countries and regions. Mr Sun delivered the keynote address at the opening session of the 10th Belt and Road Summit, held in the Hong Kong Convention and Exhibition Centre on 10-11 September 2025.

Cambodia

Chocks away on Siem Reap’s Belt and Road airport

Hong Kong exporters face challenges

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