Hong Kong’s GDP increased by 4.2% in thesecond quarter. That well below the 7.3% in Q1 and the 5.3% forecast.
The majority of China’s export-related businesses arelocated in southern China so I’m not surprised to seeHong Kong (the shipping gateway of South China) slowdown along with the manufacturing slowdown.
The companies you want to own are the ones that benefit from domestic growth instead of foreign trade.
