Hong Kong economy grows 5.4 per cent in third quarter but coronavirus, supply chain crunch could weigh on recovery

Nov 12, 2021 | INVESTING

The spread of the coronavirus’ Delta variant around the world and global supply chain bottlenecks could weigh on Hong Kong’s recovery, with the city’s economy growing at a slower pace of 5.4 per cent in the third quarter, the government said on Friday.Gross domestic product (GDP) was on track to grow at the upper end of the government’s forecast range between 5.5 per cent and 6.5 per cent, but it was still below levels seen three years ago. The latest forecast suggests real GDP for 2021 as a…

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