Hong Kong's economy grows 2.7% in first quarter amid rise in service exports
Spokesman says service exports will be supported by further revival of inbound tourism and government efforts to promote mega-event economy.
Source: scmp.com
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Hong Kong economy on track for fifth straight quarter of 'moderate' growth, minister Paul Chan says
Finance chief Paul Chan vows to pursue new opportunities for economic growth, with local spending set for boost through mega events in coming months.
Source: scmp.com
China will confront the dreaded middle-income trap this decade
Lofty statements and mantras about reforms and attracting foreign investment mean little. What matters are the actual policies that China pursues. Whether it can regain its past growth trajectory is unclear.
Source: livemint.com
Primer | What's driving Indian GDP surge: Public spending or private consumption
Massive capex spending, experts say, has caused GDP growth to accelerate. Private investment, they say, is also showing signs of revival.
Source: livemint.com
UK confirms move into a technical recession
- UK Q4 GDP data confirmed the country’s 1st recession in almost four years.
Source: fxstreet.com