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Hong Kong’s Q1 GDP expands 2.7% y/y By Reuters

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© Reuters. SUBMIT IMAGE: A basic sight of horizon structures throughout sundown in Hong Kong, China October 12, 2022. REUTERS/Tyrone Siu

HONG KONG (Reuters) – Hong Kong’s economic climate expanded 2.7% in the very first quarter from a year previously, federal government information revealed on Friday, including that incoming tourist as well as residential need would certainly stay chauffeurs for development this year.

It was the very first quarter of development after 4 successive among tightening.

On a seasonally-adjusted quarterly basis, the economic climate expanded 5.3% in between January as well as March.

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