Economic Research

Economic Research

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Hong Kong 2025 Policy Address: Deepening reforms to nurture new growth drivers
Hong Kong 2025 Policy Address: Deepening reforms to nurture new growth drivers

18 September 2025 
FOMC Meeting: The Fed resumed its rate cut cycle after a 9-month pause
FOMC Meeting: The Fed resumed its rate cut cycle after a 9-month pause

18 September 2025
Chinese Mainland: Growth momentum softened in August
Chinese Mainland: Growth momentum softened in August

15 September 2025
Chinese Mainland: July’s indicators softened due to seasonal disruption
Chinese Mainland: July’s indicators softened due to seasonal disruption

15 August 2025
Chinese Mainland - Growth moderated in July, new service policies introduced
Chinese Mainland - Growth moderated in July, new service policies introduced

September 2025
 
Hong Kong - Retail sales extended recovery trends
Hong Kong - Retail sales extended recovery trends

October 2025
 
Europe - Modest growth trajectory amid ongoing uncertainty
Europe - Modest growth trajectory amid ongoing uncertainty

October 2025
 
United States - US government shutdown, while the Fed resumed easing
United States - US government shutdown, while the Fed resumed easing

October 2025
 
An Analysis of the Impact of U.S. Tariffs on Growth, Inflation, and Monetary Policy
An Analysis of the Impact of U.S. Tariffs on Growth, Inflation, and Monetary Policy

25 September 2025
Global Economic Outlook – 2025 (Chinese Only)
Global Economic Outlook – 2025 (Chinese Only)

9 January 2025
Global Economic Outlook – 2H 2024 (Chinese Only)
Global Economic Outlook – 2H 2024 (Chinese Only)

9 July 2024
Global and Chinese Mainland Economic Outlook (Chinese Only)
Global and Chinese Mainland Economic Outlook (Chinese Only)

8 Jan 2024
Hong Kong 2025 Policy Address: Deepening reforms to nurture new growth drivers
Hong Kong 2025 Policy Address: Deepening reforms to nurture new growth drivers

18 September 2025 
FOMC Meeting: The Fed resumed its rate cut cycle after a 9-month pause
FOMC Meeting: The Fed resumed its rate cut cycle after a 9-month pause

18 September 2025
Chinese Mainland: Growth momentum softened in August
Chinese Mainland: Growth momentum softened in August

15 September 2025
Chinese Mainland: July’s indicators softened due to seasonal disruption
Chinese Mainland: July’s indicators softened due to seasonal disruption

15 August 2025
Hong Kong GDP: Strong growth momentum in Q2 driven by improving domestic demand
Hong Kong GDP: Strong growth momentum in Q2 driven by improving domestic demand

31 July 2025
FOMC Meeting: The Fed held rates steady as pressure builds to cut rates
FOMC Meeting: The Fed held rates steady as pressure builds to cut rates

31 July 2025
United Arab Emirates: A Leading Model of Modernisation and Diversification in the Middle East
United Arab Emirates: A Leading Model of Modernisation and Diversification in the Middle East

24 July 2025
Chinese Mainland: Robust expansion in Q2 puts the economy on track to meet the 2025 growth target of around 5%
Chinese Mainland: Robust expansion in Q2 puts the economy on track to meet the 2025 growth target of around 5%

15 July 2025
FOMC Meeting: The Fed held rates steady and reiterated its cautious stance
FOMC Meeting: The Fed held rates steady and reiterated its cautious stance

19 June 2025
 
Chinese Mainland: Household spending accelerated markedly in May
Chinese Mainland: Household spending accelerated markedly in May

16 June 2025
 
Chinese Mainland - Growth moderated in July, new service policies introduced
Chinese Mainland - Growth moderated in July, new service policies introduced

September 2025
 
Hong Kong - Retail sales extended recovery trends
Hong Kong - Retail sales extended recovery trends

October 2025
 
Europe - Modest growth trajectory amid ongoing uncertainty
Europe - Modest growth trajectory amid ongoing uncertainty

October 2025
 
United States - US government shutdown, while the Fed resumed easing
United States - US government shutdown, while the Fed resumed easing

October 2025
 
Asia - Asia’s trade outlook remains complicated
Asia - Asia’s trade outlook remains complicated

September 2025
 
An Analysis of the Impact of U.S. Tariffs on Growth, Inflation, and Monetary Policy
An Analysis of the Impact of U.S. Tariffs on Growth, Inflation, and Monetary Policy

25 September 2025
Global Economic Outlook – 2025 (Chinese Only)
Global Economic Outlook – 2025 (Chinese Only)

9 January 2025
Global Economic Outlook – 2H 2024 (Chinese Only)
Global Economic Outlook – 2H 2024 (Chinese Only)

9 July 2024
Global and Chinese Mainland Economic Outlook (Chinese Only)
Global and Chinese Mainland Economic Outlook (Chinese Only)

8 Jan 2024
Global Economic Outlook (Chinese Only)
Global Economic Outlook (Chinese Only)

20 June 2023
2023 Hong Kong and Mainland China Outlook (Chinese Only)
2023 Hong Kong and Mainland China Outlook (Chinese Only)

28 February 2023