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Strong national growth should help lift Hong Kong out of recession this year, financial chief says

Beijing’s grand plan to stimulate domestic growth should help lift Hong Kong out of recession by the end of the year, the financial chief has predicted.While businesses relying on tourism should expect prolonged difficulties, the turnaround after two years of contraction could also be accelerated by progress in containing the coronavirus pandemic, including through a mass vaccination drive, Financial Secretary Paul Chan Mo-po said on Sunday.The economy has withered under the triple onslaught of…

Read the original article at South China Morning Post

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