The US has entered the rate hike cycle. In March, the Federal Reserve raised the US interest rate to 1.5 to 1.75%. Certain analysts reckoned that the Fed is likely to increase the interest rate three to four times during the year. However, the pace of the US rate hike is affected by a long list of external factors, and there are many variables around it.
The West Kowloon Cultural District integrates art, culture and lifestyles to provide Hong Kong with a cultural oasis in the middle of a concrete jungle. The Palace Museum, situated on the western side of the Cultural District, is like a crown jewel that shines brilliantly.
Although not “official”, India Prime Minister Narendra Modi’s visit to China in April was seen as a move to mend troubled relationship between the two countries to get India out of economic plight. Hong Kong is the “super connector” for close economic collaboration between China and India. What does the future hold for local businesses investing in India?
4/F., 24-25 Connaught Road Central, Hong Kong (MTR Central Station Exit A / Hong Kong Station Exit C)
Tel: (852) 2525 6385Fax: (852) 2845 2610Email: cgcc@cgcc.org.hk
