AI boom will sustain Hong Kong’s export surge, lift GDP outlook, economists say

AI Summary

Hong Kong's export growth is expected to continue, fueled by the ongoing global AI boom, according to economists. This surge in demand could lead to GDP growth surpassing official forecasts, highlighting the significance of the AI sector in the region's economy.

Hong Kong’s export surge will extend into the coming months, driven by the global AI boom, economists have told the South China Morning Post, adding that GDP growth could surpass official forecasts. Billy Mak Sui-choi, an associate professor at Baptist University’s department of accountancy, economics and finance, said global demand for artificial intelligence (AI) remained far from saturated and would continue to drive exports. “No single country has yet been able to dominate the AI field...