Current Account Surplus Here To Stay

We see Hong Kong's current account remaining positive over the coming years, rising slightly from an anticipated US$20.6bn (9.8% of GDP) in 2009, to US$24.3bn (11.1% of GDP) in 2010, and US$26.2bn (11.4% of GDP) in 2011. This will come despite a widening trade deficit as a recovery in the service balance will more than make up for the shortfall.

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