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Hong Kong's Economic Growth Faces Headwinds Amid Weak Export Demand

Hong Kong's Economic Growth Faces Headwinds Amid Weak Export Demand
6 months ago

In a concerning development for the economy, Hong Kong has reported a significant slowdown in growth during the third quarter of 2024, primarily attributed to a marked decline in export demand. Official data released by the Hong Kong Census and Statistics Department revealed that the territory's economy has been struggling to maintain momentum as global demand falters.

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