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Hong Kong GDP Falls At Slower Pace In Q4

Despite the fourth wave of the coronavirus epidemic, Hong Kong's economic contraction slowed in the fourth quarter driven by the improvement in domestic and external demand, the Census and Statistics Department said Friday.

Gross domestic product fell 3 percent year-on-year in the fourth quarter, but slower than the 3.6 percent decline in the third quarter.

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by RTTNews Staff Writer

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