News Snapshot:
- A + A (Aug 13): Hong Kong raised its economic growth forecast for 2021 as the government slowly eases virus control measures and cash vouchers help to drive spending in a city hit by the pandemic and protests before that. The city now projects gross domestic product growth of 5.5% to 6.5% this year, compared with an earlier range of 3.5% to 5.5%, the statistics department said in a release Friday. The government also raised its year-on-year GDP figure for the second quarter to 7.6% from an advanced reading of 7.5%. On a quarter-on-quarter basis, a better reflection of...
