Fri, Feb 29, 2008 - Page 11 News List

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HK exports continue to climb

Hong Kong exports soared 15.8 percent last month, driven by the strong performance in China and other emerging economies, official figures showed yesterday.

Exports reached HK$240.1 billion (US$30.8 billion), 15.8 percent up on January last year, after a year-on-year increase of 8.2 percent the previous month.

A government spokesman said the bulk of the growth came from China and other emerging markets, and that the expansion of the EU market had also contributed.

He said the global trading environment remained uncertain, as the US economy continued to weaken and as financial market turmoil had yet to settle.

But he expressed optimism that strong growth in many emerging economies would continue to provide support to Hong Kong's trade performance.

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