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HK economy contracts in Q1
Published Fri, May 13, 2016 · 09:50 PM
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Hong Kong
HONG KONG's economy unexpectedly contracted in the first quarter as falling retail sales and a weakening property market weigh on the city.
Gross domestic product fell 0.4 per cent in the three months through March from the previous quarter, the government said in a statement on Friday, compared with the median estimate for 0.1 …
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