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Overall consumer confidence has dropped in Hong Kong, mainland China and Macau compared to the previous quarter, according to a recent survey conducted by CityU, while confidence in Taiwan rose.
If a group of management sciences professors at City University have their way, the Centa-City Index, a winner of CityU's prestigious Applied Research Excellence Awards in 2001, may become as widely accepted and creditable as the Hang Seng Index in measuring the territory's economic health.