Hong Kong business chamber predicts stronger GDP growth as global demand for goods soars, and city keeps Covid-19 under control

Hong Kong’s largest business group has predicted that the city’s gross domestic product will grow 6.3 per cent this year, an increase of nearly 3 percentage points on its previous projection.The General Chamber of Commerce said that improvement hinged on the growth of exports, although some companies remained concerned about prolonged Covid-19 travel closures hindering their operations.Tuesday’s change in forecast for the city’s GDP was a 2.8 percentage point rise from the group’s expectation…

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