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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 628 |
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The government is working to change this by prioritizing development of the chemicals and biotechnology industries. It appears that Singapore has managed to find a way to maintain their long-term growth prospects.
Now Hong Kong has had a much lower investment rate, O'Sullivan, A., Sheffrin, S. (2006) reported it to be 20% of the GDP as opposed to 43% for Singapore...
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(2006) reported it to be 20% of the GDP as opposed to 43% for Singapore. Hong Kong has enjoyed economic growth over this time period due mostly to its' manufacturing sector which is very advanced in technologies. Recently though, the service sector has surpassed it in importance accounting for 85% of the GDP...
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