Hong Kong posts strongest quarterly economic growth in almost 5 years at 5.9%

Hong Kong has recorded its fastest economic growth in nearly five years in the first quarter, at 5.9 per cent, driven by strong exports and private consumption despite ongoing unrest in the Middle East. The first-quarter growth exceeded the year-on-year increase of 4 per cent recorded in the fourth quarter of last year, according to advance estimates released by the Census and Statistics Department on Tuesday. The 5.9 per cent rise was also the strongest since the 7.6 per cent growth seen in ...

By Lam Ka-sing