HK witnesses boom in economic growth.

(From Business Daily Update)

Author: Robust economic growth in the past months has given Hong Kong bright prospects for economic recovery, said an economist from the special administrative region's government. Hong Kong Special Administrative Region (SAR)'s gross domestic product (GDP) leapt 6.8 per cent in real terms in the first quarter of this year over a year earlier - the highest growth in more than three years, Elley Mao was quoted by Xinhua News Agency as saying yesterday. The second quarter is expected to witness double-digit GDP growth, the economist said. There are clear signs of confidence, Mao said. The barometer of Hong Kong's economy, the stock and real …