Hong Kong manufacturers face potential layoffs and closures due to U.S. tariffs, with experts warning of a vicious cycle as exporters struggle with decreased demand and rising costs.
#YonhapInfomax #HongKongManufacturing #USTariffs #ExportDemand #JobCuts #BusinessClosures #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
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Shifting the focus to Australia, the Trade Balance in December stood at 10.959 B, surpassing market expectations of 10.510 B but falling short of the previous data at 11.764 B. #AsiaPacificEconomy #PMIData #TradeBalance #EconomicIndicators #ChinaEconomy #JapanServicesPMI #HongKongManufacturing #AustraliaTrade