Posted inHong Kong

HK’s uneven recovery a tale of booms and lulls

Hong Kong’s economy is regaining strong growth momentum on the back of rebounding exports but sluggish domestic consumption points to an uneven recovery that could stunt a broad-based revival in the months ahead. Gross domestic product (GDP) surged 7.8% year-on-year in the first quarter, driven by a 30% burst in exports and despite lagging performance […]