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

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2018-04-08 HKT 16:11

Share this story

facebook

  • 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.

RECENT NEWS

Hong Kong Fund Industry May Double With Tokenised Finance And 24/7 Trading Access

Hong Kong could potentially double the size of its fund industry by moving from legacy infrastructure to token-based fi... Read more

HKMA Alerts Public To Scam Website And Login Screens Posing As Official Site

The Hong Kong Monetary Authority (HKMA) has issued a public alert regarding a fraudulent website and online login scree... Read more

Hong Kong Fintech Promotion Blueprint Indicates 4 Incoming Flagship Projects

The Hong Kong Monetary Authority (HKMA) released the Hong Kong Fintech Promotion Blueprint on 3 February 2025, which sh... Read more

Visa To Enable Cross-Border Payments To 95% Of UnionPay Cardholders In China

At Web Summit Qatar, Visa and UnionPay International (UPI) announced an agreement to enable cross-border money transfer... Read more

HKMA Launches Fintech Blueprint With AI, DLT, Quantum And Cybersecurity Focus

The Hong Kong Monetary Authority (HKMA) published a Fintech Promotion Blueprint to support responsible innovation and f... Read more

How Gaming Giants Are Redefining The Experience Of Paying

Gaming isn’t just a hobby; it’s a global infrastructure challenge. In this episode Vincent Fong (Chief Editor, Fint... Read more