
© Reuters. FILE PHOTO: Residential buildings at Western district and the ICC workplace tower on the alternative Kowloon Peninsula are seen in Hong Kong February 23, 2011. REUTERS/Bobby Yip
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HONG KONG (Reuters) – Hong Kong’s economic system is predicted to develop 3.5%-5.5% this 12 months after shrinking 3.5% in 2022, because it leaves behind COVID-19 restrictions that had remoted town from the remainder of the world, Monetary Secretary Paul Chan stated on Wednesday.
Chan gave the forecast whereas asserting the monetary hub’s 2023/24 price range within the Legislative Council.