Strong fundamentals and effective fiscal support

BB2

MEDIUM RISK for entreprise

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

Last updated in January 2024.

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GDP USD359.8bn (World ranking 43, World Bank 2022)
Population 7.3mn (World ranking 103, World Bank 2022)
Form of state Special Administrative Region of the People’s Republic of China
Head of government John Lee (Chief Executive)
Next elections 2025, legislative 
  • Well-developed and resilient financial system
  • Solid business environment
  • Strong public and external finances
  • Robust services sector
  • Disciplined fiscal and monetary policies
  • Vulnerable to external shocks
  • Concentrated geographic and sectorial trade structure
  • Sensitive to political developments in mainland China and US-China rivalry
  • Wide income disparity

Trade structure by destination/origin

(% of total, 2021)

Exports Rank Imports
China 59.9%
1
44.3% China
United States 6.0%
2
9.9% Taiwan
China, Taiwan Province of 2.8%
3
7.6% Singapore
Japan 2.3%
4
5.2% Japan
Japan 2.3%
5
5.2% Japan

Trade structure by product

(% of total, 2021)

Exports Rank Imports
Electrical machinery, apparatus and appliances, n.e.s. 44.1%
1
42.7% Electrical machinery, apparatus and appliances, n.e.s.
Office machines and automatic data processing machines 16.8%
2
13.2% Office machines and automatic data processing machines
Telecommunication and sound recording apparatus 8.4%
3
8.7% Telecommunication and sound recording apparatus
Gold, non-monetary (excluding gold ores and concentrates) 4.9%
4
4.7% Miscellaneous manufactured articles, n.e.s.
Miscellaneous manufactured articles, n.e.s. 4.0%
5
4.3% Gold, non-monetary (excluding gold ores and concentrates)
The Allianz Trade Collection Complexity Score provides a simple assessment of how easy it is to collect debt around the world. The 2022 edition covers 49 countries that represent nearly 90% of global GDP and 85% of global trade.
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