Hong Kong Q3 GDP up 4.1% on year, but lower than forecast
© Reuters. FILE PHOTO: Tourists relax on the waterfront in front of Victoria Harbour, with the iconic skyline buildings as a backdrop, in Hong Kong, China June 28, 2023. REUTERS/Tyrone Siu/File Photo
The reading missed a median forecast of 5.2% in a Reuters poll of 13 economists, but beat the 1.5% expansion of the second quarter and the 2.9% of the first. Meanwhile a"difficult external environment" amid geopolitical tensions and tight financial conditions will"continue to weigh on exports of goods and investment and consumption sentiment."
Goods exports fell further amid weak external demand, declining by 8.6% as compared to a drop of 15.1% in the second quarter.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US state senator acquitted of illegal firearms possession in Hong KongUS state senator acquitted of illegal firearms possession in Hong Kong
Read more »
Is Hong Kong the Next Web3 Hub?Hong Kong Fintech Week 2022 sparked a shift by the Hong Kong government to turn the city into a Web3 hub. Beyond the hype, how's the city for builders?
Read more »
Washington state senator Jeff Wilson cleared of Hong Kong gun chargeA gun charge against Jeff Wilson, a Washington state senator, was dismissed by a Hong Kong court Monday. The charge was linked to Wilson's possession of an unlicensed firearm.
Read more »
Firearms charge against Washington state senator dismissed in Hong Kong courtA Hong Kong court dismissed a gun charge against Washington state Sen. Jeff Wilson for possessing an unlicensed firearm in the Chinese territory.
Read more »
Firearms charge against Washington state senator Jeff Wilson dismissed in Hong Kong courtA Hong Kong court dismissed a gun charge Monday against a Washington state senator who had been arrested after he carried a gun into the Chinese territory in what he called an “honest mistake.'
Read more »
Video appears to show a car being fired at by an Israeli tank in GazaMithil Aggarwal is a Hong Kong-based reporter/producer for NBC News.
Read more »