Hong Kong's second-quarter GDP growth seen firmer, but trade war, protests to bite

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Hong Kong's second-quarter GDP growth seen firmer, but trade war, protests to biteHong Kong's economic growth is expected to have picked up in the second quarter, analysts say, but the outlook is being clouded by the protracted Sino-U.S. trade war and spiralling social unrest. Protests against the city's government and China are erupting almost daily, disrupting business, scaring off tourists and threatening to tarnish Hong Kong's international reputation as a stable financial hub. While preliminary data on Wednesday (0830 GMT) is expected to show economic growth picked up in April-June, most market watchers do not expect it will last, with no quick resolution seen for either the bruising U.S.-China trade dispute or local political unrest.


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