EconomyHong Kong bounces back with 6.4% annual economic growth
Analysts warn city could see fresh contraction due to return of COVID controls
A rebound in consumer spending, boosted by government vouchers, helped Hong Kong to return to growth. © Reuters
PAK YIU, Nikkei staff writer
January 28, 2022 17:57 JST
Updated on January 28, 2022 18:37 JST
HONG KONG -- Hong Kong's economy grew 6.4% last year, marking its first annual rise after two years of recession, according to government estimates released on Friday, reflecting a rebound in household spending and other activity amid a long spell of COVID calm.