HK can achieve growth beyond the 'new normal'

Lok Sang HO, Lingnan University, Hong Kong

Copyright © 2015 China Daily Information Company

Abstract

It seems that we are all accepting that 2 to 3 percent growth is the "new normal" of economic growth for Hong Kong. For the fourth year, Hong Kong is expected to grow no more than 3 percent this year. But Hong Kong can certainly do much better.