Hong Kong economy grows 6.4 per cent last year but Covid-19 pandemic ‘weighs on sentiment’

Hong Kong’s economy grew 6.4 per cent last year but stringent social-distancing curbs amid the escalating fifth wave of the coronavirus posed a threat to the pace of recovery.The advance estimate by the Census and Statistics Department on Friday showed the year-on-year expansion in gross domestic product (GDP) was at the high end of the official forecast of between 5.5 and 6.5 per cent.Some Hongkongers calling for fresh round of vouchers, but economists not so sureIn the fourth quarter, the…

Read the original article at South China Morning Post