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Coronavirus: Hong Kong economy rebounds sharply, posting 78 per cent growth in first quarter for 11-year high

Published May 03 2021 at 8:35 AM GMT
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Points
  • Hong Kong’s economy rebounded with stronger than expected growth of 78 per cent in the first quarter of 2021, posting an 11-year high after a historic low a year ago amid the coronavirus pandemic.
  • The advanced forecast by the Census and Statistics Department on Monday showed a V-shaped rebound in gross domestic product (GDP) from an all-time low of a91 per cent contraction in the same period last year.
  • The performance was the best since the first quarter of 2010, when the economy grew 79 per….




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  • Published May 3, 2021 8:35 AM GMT