Slow economic growth in Hong Kong looks like a warning for the rest of the world, says Daiwa's...

|By:, SA News Editor

Slow economic growth in Hong Kong looks like a warning for the rest of the world, says Daiwa's Kevin Lai. In an economy he calls the world's most "externally-driven," Lai projects Q2's 0.5% contraction in GDP will have "grave implications" for U.S. and Europe. Hang Seng +3.3%.