HONG KONG BUDGET SUMMARY 2014-2015 by KPMG

HONG KONG BUDGET SUMMARY 2014-2015 by KPMG Go back »

Published on:

2014-02-26
Category:

Other
by:

Finance and Taxation Working Group / Forum
Keywords:

tax, finance

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English Version (PDF)

Five years after the global financial crisis, the world economy is showing signs of
recovery albeit at a slower than expected pace. Most economists are convinced that
tepid growth will continue to characterise the world economy in 2014. Challenges
still remain as key market players undergo major economic and political changes.
For example, China expects its rate of economic growth to slow down to around 7
percent as it transitions from a growth model based on investment and exports to
one led by domestic consumption and innovation.

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