Economy to grow 4 to 5 pc, predicts John Tsang
(02-24 12:29)
Hong Kong's economy is expected grow by 4.0 to 5.0 percent in 2010, the city's financial secretary John Tsang said in his annual budget speech today.
"I am cautiously optimistic about Hong Kong's economic prospects for 2010,'' Tsang said.
But he said the city had to remain vigilant against any ``possible relapse'' in the economy.
"In the short term, we must carefully adjust the exceptional measures introduced to combat the financial tsunami and tackle the risk of asset-price bubbles.''
AGENCE FRANCE-PRESSE
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