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Hong Kong retailers boosted by the rocky Beijing-Seoul relationship

Mainland tourists are flocking to the territory and shunning South Korea

Flagship stores of luxury retailers line the street in the commercial district of Central, Hong Kong. (Photo by Jennifer Lo)

HONG KONG Retail sales here started growing again in March, ending a two-year decline, as mainland Chinese tourists have been shunning South Korea to shop in the former British colony.

Retail sales hit 35.7 billion Hong Kong dollars ($4.58 billion) in March, rising 3.1% on the year. That compared with a 5.7% sales decline in February, according to official statistics released on May 5. Still, first-quarter sales slid 1.3% from the same period a year ago.

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