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Added: Dec 14, 2011

From: HKTDC

Duration: 5:7

HKTDC Chief Economist Edward Leung says there's considerable scope for switching trade to emerging Asia, as troubled developed economies show fewer prospects. Combined, China, India and Indonesia now represent more than half the value of US GDP, while China's economy alone will grow between 8% and 9% next year. He predicts Hong Kong's value exports will grow just 1% in 2012, while volume exports will decline 3%. Speaker: Edward Leung, Chief Economist, HKTDC

Channel: Tech

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