irst economies in the region to return to the type of growth it has experienced in the past. Longer term, Hong Kong's attractiveness as a profitable commercial and financial center should be enhanced as the high cost of doing business, largely stemming from rising property and labor costs, has come down considerably because of the economic crisis. Rising unemployment has eased wage pressure and dampened the high turnover that most companies faced, as a result of the extremely low unemployment rates that had prevailed in the past....
