Hong Kong's economy grew 3.3 percent in Q2
Hong Kong's economy grew 3.3 percent in the three-month period ending in June, according to revised figures released by the government on Friday. The growth followed a 2.8 percent increase in GDP in the first quarter. At a press briefing, government economist Adolph Leung said he expects the economy to continue to expand, driven by strong export demand. “The economy should continue to grow in the remainder of the year. Exports of goods should sustain a positive performance if external demand holds up, though trade conflicts would present risks,” he said. Officials kept this year's projected economic growth unchanged at 2.5 to 3.5 percent. It downgraded the projected inflation rate from 1.7 percent to 1.3 percent for the year.