AMRO：在不确定中前行：LBVAR模型对香港及中国经济发展前景的见解（英文版）

The purpose of this paper explores the impact of various risk factors on Hong Kong, China3 ’s economy, which is substantially reliance on the global economy and mainland China. To address these issues, the paper first identifies a range of risk factors: China’s economic slowdown, prolonged property market adjustments, and escalating trade policy uncertainty. These factors are critical in shaping Hong Kong's economic landscape. Following the identification of risks, the paper employs a Lar