Hong Kong's government announced that the city's economy grew by 7.8 per cent on year in the first three months of 2021. HONG KONG: Hong Kong's economy jumped back into growth in the first quarter of the year, official figures showed on Monday , ending the city's most pronounced period of recession in its modern history.
That came to an end on Monday when the government announced that the city's economy grew by 7.8 per cent on year in the first three months of 2021. In 2019, months of huge and often violent protests coincided with swirling trade tensions between Beijing and the US, pummelling the economy that acts as an international gateway to China.The city was among the first places outside mainland China to record a COVID-19 infection, and the economy plunged by a record-breaking 9.1 per cent in the first quarter of 2020.
Coronavirus restrictions are keeping Hong Kong all but closed to those without work permits, and people who do arrive need to undergo three weeks of compulsory hotel quarantine.
Wonderful news. Made possible only after ending the riots. Now that the CIA is completely out of HK, it will progress and prosper indefinitely
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