Hong Kong’s GDP Grows at Its Fastest Pace in a Decade

Hong Kong’s GDP Grows at Its Fastest Pace in a Decade

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the surprising economic growth numbers, highlighting the best quarter-on-quarter growth since 2003. Despite this, private consumption shows room for improvement. The recovery is uneven, with external trade driving gains, while internal sectors like retail and tourism lag due to slow vaccine rollout and closed borders. The potential travel bubble with Singapore could boost Hong Kong's economy.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What significant growth percentage was noted in the quarter on quarter numbers?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the government highlight about the nature of the recovery?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How has external trade impacted the economic outlook according to the text?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are contributing to the uneven recovery in retail sales?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges are mentioned regarding tourism in Hong Kong?

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