Hong Kong Freight Transport Report - Business Monitor International - Industry Reports

Hong Kong Freight Transport Report

Hong Kong Freight Transport Report - Business Monitor International - Industry Reports
Hong Kong Freight Transport Report
Published Nov 21, 2015
54 pages — Published Nov 21, 2015
Price US$ 1,295.00  |  Buy this Report Now

About This Report

  
Abstract:

BMI View: We forecast modest but nonetheless positive growth for Hong Kong s freight sector in ---- and beyond. The current slowdown in the Chinese economy is affecting trade flows in Hong Kong, hurting the economy and consequently impacting all freight modes in the city state owing to its dependence on trade with China. ...The Chinese economy has lost further momentum at the end of ---- and as such, we have downgraded our ---- export and import growth forecast to -.- and -.- respectively. However, Hong Kong does and will continue to have a massive role in the global supply chain as its port and airport have developed into key Asian transhipment points; the airport is the largest in the world in terms of cargo handled, while its port is the fourth largest container facility. As such, regardless of the slowdown in the Chinese economy, we will see firm trade growth in Hong Kong over the medium term. ...Air freight will remain steady but slightly decreased after ---- due to a loss of trade numbers as a consequence of the Chinese economic slowdown. However, we expect the completion of a Hong Kong International Airport s third runway to overturn this in the long term, boosting volumes and easing congestion at the busy facility.

...All information contained in this publication is copyrighted in the name of Business Monitor International Ltd, and as such no part of this publication may be reproduced, repackaged, redistributed, resold in whole or in any part, or used in any form or by any means graphic, electronic or mechanical, including photocopying, recording, taping, or by information storage or retrieval, or by any other means, without the express written consent of the publisher. ...

...In an attempt to boost Hong Kong s economic performance, the mainland Chinese government has granted Hong Kong a number of concessions, including the Closer Economic Partnership Arrangement, which gives goods duty-free access into mainland China. The Chinese government has also reduced the restrictions on mainland Chinese tourists visiting Hong Kong. ...In an attempt to boost Hong Kong s economic performance, the mainland Chinese government has granted Hong Kong a number of concessions, including the Closer Economic Partnership Arrangement, which gives goods duty-free access into mainland China. The Chinese government has also reduced the restrictions on mainland Chinese tourists visiting Hong Kong. This has resulted in a wave of new tourist arrivals into the territory, providing a major boost to Hong Kong s retail and tourism industries. ...The Chinese government has also reduced the restrictions on mainland Chinese tourists visiting Hong Kong. This has resulted in a wave of new tourist arrivals into the territory, providing a major boost to Hong Kong s retail and tourism industries.

...

  
Source:
Document ID
1752-5837
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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Cite this Report

  
MLA:
Business Monitor International - Industry Reports. "Hong Kong Freight Transport Report" Nov 21, 2015. Alacra Store. Dec 03, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Hong-Kong-Freight-Transport-Report-2026-49>
  
APA:
Business Monitor International - Industry Reports. (2015). Hong Kong Freight Transport Report Nov 21, 2015. New York, NY: Alacra Store. Retrieved Dec 03, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Hong-Kong-Freight-Transport-Report-2026-49>
  
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