The spokesman noted that the US market unexpectedly rebounded to show a distinct growth in March over a year earlier. In contrast, the spokesman pointed out that total exports to the Mainland rose only marginally in value terms. Yet the spokesman also noted that for the first quarter as a whole, total exports to the Mainland still recorded a double-digit growth. The spokesman commented that more incoming data are needed to discern the trend.
The spokesman said that looking ahead, the external trading environment continues to be overshadowed by uncertainties arising from the weakness in the US economy and the unfolding global financial turbulence. The spokesman added that the tightening measures in the Mainland are also another area to watch out.
Available at:
http://www.censtatd.gov.hk/press_release/press_releases_on_statistics/index.jsp?sID=2119&sSUBID=11308&displayMode=D |