Hong Kong economy

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Hong Kong recorded 17 per cent growth in investment in the first quarter, driven mainly by machinery purchases and construction activities that reflect a steadily improving property market.

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Hong Kong's finance chief Paul Chan forecasts first-quarter GDP growth exceeding 4%, the strongest in nearly five years, driven by a 17% rise in visitors and 5.2% gain in retail and catering spending. The preliminary figure is due on Tuesday.

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