On the ropes HK growth slows
HONG Kong’s economic expansion slowed last year as exports to the US fell. The government forecasts the weakest growth in five years in 2008. Gross domestic product rose 6.3% from a year earlier, Financial Secretary John Tsang said yesterday in his budget speech, after rising a revised 7% in 2006. Territory’s $1bn box terminal revived — Page 3.Bloomberg
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