Founder & Head of Research, Fortress Hill Advisors

Alex Ng

Founder & Head of Research

Fortress Hill Advisors

Founded in Hong Kong in 2019, Fortress Hill Advisor seeks to provide premium economic and financial researches.

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Macroeconomics

<ul>
<li>Innovation from China’s technology initiatives can provide help to cro ss over productivity but the benefit will likely only be modest due to the downgrading of the private sector.  </li>
<li>The structural slowdown in capital productivity will dominate. Combined with a peak in the labor force, this is likely the mean trend growth will be below 3% from 2027 onwards.  </li>
<li>Stimulative fiscal policy can lift actual growth above trend growth, but likely only modestly.   </li>
</ul>


Innovation from China’s technology initiatives can provide help to cro ss over productivity but the benefit will likely only be modest due to the downgrading of the private sector.  
The structural slowdown in capital productivity will dominate. Combined with a peak in the labor force, this is likely the mean trend growth will be below 3% from 2027 onwards.  
Stimulative fiscal policy can lift actual growth above trend growth, but likely only modestly.   


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