HONG Kong’s economy grew 2.7 per cent in the first quarter of 2023 putting an end to four consecutive quarters of contraction. Although exports continued to decline in the first quarter, faster growth in the economy of mainland China, coupled with acceleration of Hong Kong’s aviation capacity, would provide further support, John Lee, Hong Kong’s Chief Executive said. ‘GDP growth in the second quarter will be better than the first quarter,’ he told a regular news briefing. ‘The economy this year...
https://www.seanews.com.tr/hks-q1-gdp-up-2-7pc-on-the-back-of-spending-boom/196671/