6 July 2010
US Still Looking Good for Hong Kong Exports: HKTDC Director
Latin American Market Appears Particularly Attractive
6 July 2010 – Hong Kong exporters can still find opportunities in the United States, despite the country’s continuing struggles in the wake of the global downturn, according to Hong Kong Trade Development Council (HKTDC) Regional Director of the Americas Louis Ho.
Mr Ho was interviewed by the HKTDC’s webcasting service while attending a June meeting of the HKTDC’s global directors and consultants in Hong Kong. For the full interview, please visit: http://www.youtube.com/hktdc
“In New York, we are seeing a lot of spending in high-end merchandise,” said Mr Ho. “However, moving across the country, we see less-affluent areas impacted more by the recession. There, the home essentials – the basics – are doing well,” he said, adding that Hong Kong will also do well, “as long as we are able to provide value-for-money merchandise.”
US buyers are returning to Hong Kong trade fairs, particularly for electronic goods, he said, citing the example of JVC, which is seeking to import large quantities of 3D eyewear.
Mr Ho, who oversees the HKTDC’s North American and Latin American markets, was even more positive about opportunities south of the US border.
“For Latin America, we are particularly upbeat. Our trade programmes there will be very active this year,” he said, adding that the HKTDC’s plans included “a full range of promotional projects, from Mexico to Chile.”
HKTDC webcast – http://www.youtube.com/watch?v=z01_Zte23Tk
HKTDC Portal Link – http://www.hktdc.com/info/webcast/v/en/en/1X04AOY2/
Please contact the HKTDC's Corporate Communication Department:
Victor George Paddy
Tel: (852) 2584 4517
About the HKTDC
A statutory body established in 1966, the Hong Kong Trade Development Council (HKTDC) is the international marketing arm for Hong Kong-based traders, manufacturers and service providers. With more than 40 global offices, including 11 on the Chinese mainland, the HKTDC promotes Hong Kong as a platform for doing business with China and throughout Asia. The HKTDC also organises trade fairs and business missions to connect companies with opportunities in Hong Kong and on the mainland, while providing information via trade publications, research reports and online. For more information, please visit: www.hktdc.com.