Hong Kong Climbs Out of Recession as Economy Grows 3.3% on Export ...

Aug 14th, 2009 - Bloomberg

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Aug. 14 (Bloomberg) -- Hong Kong climbed out of a yearlongrecession as trade improved, adding to signs that the globaleconomy is recovering.

Gross domestic product rose a seasonally adjusted 3.3percent in the second quarter from the previous three months,after dropping 4.3 percent in the first quarter, the governmentsaid today. The median estimate in a Bloomberg News survey ofseven economists was for a 1.2 percent gain.

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