Don't Get Too Worried By Sino-US Tensions: Yau

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2018-04-08 HKT 16:11

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  • The Commerce Secretary, Edward Yau, says there's no need to adjust the SAR’s export growth forecasts just yet despite rising Sino-US trade tensions. Photo: RTHK

    The Commerce Secretary, Edward Yau, says there's no need to adjust the SAR’s export growth forecasts just yet despite rising Sino-US trade tensions. Photo: RTHK

Commerce Secretary Edward Yau has played down the trade tensions between the mainland and the US as mainly political, and says people should not be frightened.

However, he added that the situation will bear watching, although there's no need to adjust Hong Kong's export growth forecast just yet.

Speaking at a TVB programme, Mr Yau said officials will analyse the trade figures to assess the impact.

He added that the US aluminium tariff rise is having a direct effect on the SAR, and officials have already twice asked Washington to remove the SAR from the list.

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