Ending a long and severe long recession, Hong Kong's economy grew at the fastest pace in more than a decade in the first quarter of 2021, underpinned by robust exports, advance estimate from the Census and Statistics Department showed on Monday.
GDP grew 7.8 percent from a year earlier, in contrast to the decrease of 2.8 percent in the fourth quarter. This was the first growth since the second quarter of 2019 and the biggest expansion since the first quarter of 2010.
For comments and feedback contact: editorial@rttnews.com
Business News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.