
The Unstoppable Economy Of Hong Kong: The Land Of Billionaires
Economics Explained
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Hong Kong's Economic Resilience Is a Big Thing
Hong Kong rose to prominence as a safe haven portrayed between East and West. The events of the last decade would have crippled any regular economy, especially when you consider an economy entirely located within one city. Despite having really high costs of living and real estate prices, the region has surprisingly low consumer debt. Even still, with a GDP of around $370 billion, it is nothing that remarkable on a global scale at least not in absolute terms.
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