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Hong Kong’s e-voucher spending spree raises bar on economic growth expectations, finance minister says

Hong Kong’s consumption vouchers may provide an even bigger economic boost than expected, the finance minister has said, while new plans to expand Shenzhen’s Qianhai economic zone could further solidify the city’s role as a renminbi trading hub.Financial Secretary Paul Chan Mo-po on Sunday said competition among the payment service providers chosen to administer the e-vouchers and the businesses seeking customers to spend them looked likely to drive growth that topped expectations.“We’re quite…

Read the original article at South China Morning Post

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