Tag: Hong Kong
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Economically Tepid Hong Kong Clinches Joint Investment Fund with the Saudis
Despite Hong Kong’s economy losing speed to its weakest pace in five quarters on weakened exports and spending, the island still project growth. Hong Kong’s economy grew 1.8% in the third quarter 2024 year-on-year, official advance estimates showed. According to the HK government, private consumption expenditure continued to weaken amid changes in residents’ consumption patterns.…