Hong Kong holds key ‘accelerator’ role as China’s trade strategy evolves
AdvertisementHong Kong economyOpinionChina OpinionBruce PangOpinion | Hong Kong holds key ‘accelerator’ role as China’s trade strategy evolvesThe city’s institutional strengths, strategic location and service capabilities make it a pivotal enabler of China’s changing trade architecture
Reading Time:3 minutesWhy you can trust SCMPBruce PangPublished: 6:30am, 9 Nov 2025China’s trade has displayed remarkable resilience this year. Its goods trade expanded 4 per cent year on year for the nine months so far in yuan terms, according to customs data. Quarterly growth accelerated from 1.3 per cent at the start of the year, to 4.5 per cent by midyear and finally to 6 per cent. This steady momentum reflects both the robustness of demand and continued refinement of China’s trade structure.AdvertisementBut the regional performance has been uneven. Exports to the United States fell 27 per cent year on year in September under the weight of tariffs, continuing August’s decline. The European market, ho..
