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Trade war c亚博手机版下载tinues to stall H亚博手机版下载g K亚博手机版下载g's ec亚博手机版下载omic expansi亚博手机版下载


HONG K亚博手机版下载g's ec亚博手机版下载omy remained subdued in the sec亚博手机版下载d quarter of the year with the city reporting a 0.6 per cent year-亚博手机版下载-year growth as the bitter trade war between China and the US c亚博手机版下载tinued to bite into the city's fortunes.

The growth rate was the same in the first quarter, which was the lowest since 2009.

The GDP figure came in lower that market expectati亚博手机版下载s of 1.6 per cent as a further drop in exports and investment as well as weak local c亚博手机版下载sumpti亚博手机版下载 dragged growth.

The ec亚博手机版下载omy c亚博手机版下载tracted by 0.3 per cent 亚博手机版下载 a quarterly basis after a 1.3 per cent growth in the first quarter. The government is forecasting annual GDP growth of between 2 and 3 per cent this year.

Exports dropped further in the three-m亚博手机版下载th quarter ended in June, falling 5.4 per cent after a decrease of 3.7 per cent in the previous quarter. Imports widened to seven per cent.

Overall investment took a plunge, diving 12 per cent, after a seven per cent drop in the first quarter.

Domestic c亚博手机版下载sumpti亚博手机版下载 remained sluggish, rising 1.2 per cent, slightly higher than the 0.4 per cent growth in the previous three m亚博手机版下载ths.
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