Luo Kangruis early warning economy turns trade and rotary corporate dilemma

/> Luo Kangrui said that the Trade and Development Bureau considers the establishment of industrial parks in overseas markets to allow mainland Hong Kong merchants to relocate factory buildings overseas.

(Reported by Sing Tao Daily) The Sino -US trade war continued to be deadlocked. The intensity of mutual tariffs between the two countries continued to upgrade in the past few months.Although the heads of state of China and the United States are expected to meet, the chairman of the Trade and Development Bureau Luo Kangrui said clearly that he would "do not send high hopes."

His warning of a warning on Hong Kong's economic views will be turned off next year, and the exports of small and medium -sized enterprises in Hong Kong may be difficult. When the new year of the lunar calendar began to "count the bills", he has the opportunity to set off a wave of closure due to insufficient cash flow.

He admits that the Hong Kong economy will definitely decline next year, and the Hong Kong stock market and property market will be adjusted.He also said that at the time of time, the Trade Development Agency will consider leading the establishment of industrial parks in overseas markets to allow mainland Hong Kong merchants to move plant buildings overseas.

Luo Kangrui said in an interview in Tokyo a few days ago that the export data from Hong Kong still increased recently. It is estimated that many manufacturers "rushed to the goods" before Christmas, but warned that with the impact of the trade war, the situation will be more serious next year.There are even a lot of small and medium -sized enterprises facing closure.

He continued that the Lunar New Year was a very important juncture. "At that time, all of them had to pay for counting and grain. If the cash flow of small and medium -sized enterprises was not enough, it would be difficult to avoid closing."

For the leader of the President of the State President and US President Trump, it is expected to meet at the end of the month at the end of this month, but Luo Kangrui had played against Trump in the early years.While you will go to the next step, you will do it! "He said clearly that the results of the meeting" don't have high hopes, you can talk about the chance of success. "He said that the trade war still cannot see the way out, and it is estimated that "the trade war can be dragged long."

Luo Kangrui said that when the trade war caused a chain of the economic impact, "the global economy must slow down and the stock market must continue to fall."He is expected that the Hong Kong economy will definitely decline next year. The property market in Hong Kong is "currently adjusted tightly, but the adjustment of property prices is difficult to estimate.Compared with April this year, Luo Kangrui believed that the trade war would eventually find a solution, and now the prospects have obviously pessimistic than a few months ago.

Luo Kangrui attended the promotion of Hong Kong activities in the Trade and Development Agency in Tokyo. He mentioned that Europe and the United States have always been the largest market for small and medium -sized companies in Hong Kong, but the United States currently impose tariffs on Chinese goods. American buyers have asked manufacturers to bear some tariffs.Cheng (tariff) may be available, and it can still be maintained, but the 25 % tariffs, the enterprise basically has no high profits. "

In response to the trade war, he believes that small and medium -sized Hong Kong should consider expanding overseas markets, including setting up factories and sales overseas.The market faces high risk.Therefore, he added that at the time of time, the Trade and Development Agency will consider setting up an industrial park in overseas markets to allow mainland Hong Kong merchants to move the plant overseas.

Asked about the current consumption power of ASEAN countries, the sales of Hong Kong merchants in ASEAN countries may not be able to fill the US market gap.Luo Kangrui pointed out that opening up overseas markets is at least one start, and at the same time, it is expected that the mainland can strengthen domestic demand, because the mainland has purchasing power.

In addition, Luo Kangrui also talked about supporting the reclamation in Hong Kong during the interview, thinking that Hong Kong needs to rely on reclamation to solve the problem of land supply, housing and property prices.He also said: "(If you don't fill in the sea), if I am a post -born child, I must be worried about dizzy, there is no chance to live in a similar residential unit."