Hong Kong’s economic performance in the fourth quarter may provide little consolation as the city struggles to bring the omicron wave under control, putting pressure on the government to dole out more stimulus for hard-hit sectors like retail.
Government data Friday likely will show gross domestic product expanded 5% last quarter from a year earlier, according to the median estimate in a Bloomberg survey of 12 economists. Full-year growth is seen at 6.6%, the first annual expansion after two straight years of contraction.
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