Economics

Hong Kong Sees Growth as Much as 6.5% as Spending Recovers

Government raises 2021 GDP forecast, upgrades quarterly figure
Consumption set to get a boost from HK$5,000 cash vouchers

Commuters in the Central district of Hong Kong,
Photographer: Paul Yeung/Bloomberg

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By Eric Lam (News)

August 13, 2021 at 8:31 AM UTC

Updated on

August 13, 2021 at 9:28 AM UTC

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Hong Kong raised its economic growth forecast for 2021 as the government slowly eases virus control measures and cash vouchers help to drive spending in a city hit by the pandemic and protests before that.