Newsclip®: [Business] Hong Kong's Q1 GDP contracts on weak exports, spending

"HONG KONG: Hong Kong's economy shrank in the first quarter from the final quarter of 2015, hit by falling exports and weak consumer spending, with the risk that momentum will slow further. On the doorstep of the world's second-largest economy, Hong Kong has been buffeted by China's slowdown.A slump in visitors from the mainland, weak retail sales and falling asset prices have combined to put the economy on the verge of recession. The trade-dependent economy contracted 0.4 percent in",

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