Hong Kong ends longest recession in decades


Source: thedailystar.net thedailystar.net

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01:08 AM, May 04, 2021 Hong Kong ends longest recession in decades Afp, Hong Kong Afp, Hong Kong Hong Kong's economy jumped back into growth in the first quarter of the year, official figures showed Monday, ending the city's most pronounced period of recession in its modern history. The international financial hub has been battered the last 18 months by a triple whammy of the US-China trade war, months of social unrest and then the coronavirus pandemic. For all latest news, follow The Daily Star's Google News channel. It recorded six consecutive quarters of negative growth, a more prolonged downturn...