Monday, April 15, 2024

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Modern Hong Kong can offer a free market economy, which is highly dependent on international trade, the financial sector, export / import volumes, including with a fairly large share of re-exports. Hong Kong introduces zero duties on imported goods. Also, only four groups of goods are excisable: strong alcoholic beverages, tobacco, hydrocarbon oil and methyl alcohol. There are currently no import/export quotas in Hong Kong. The Hong Kong government continues to firmly peg the local currency (the Hong Kong dollar) to the US dollar, thereby maintaining an agreement made back in 1983. http://www.confiduss.com/en/info/blog/article/best-investment-countries-asia/

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