Hong Kong retail sales rose at the fastest pace in March, as the economy recovered and tourists opened doors after years of isolation due to the coronavirus pandemic.
According to official statistics on Thursday, retail sales rose by 40.9% compared to last year.
A government spokesman said further recovery in the tourism and private consumption sector would “benefit the retail sector.”
Gross domestic product (GDP) rose by 2.7% compared to last year, exceeding consumers’ expectations.
China's economic data for the first two months of the year exceeded analysts' expectations across various sectors, as announced on Monday. "Retail sales rose 5.5%, better than the...
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New government data unveiled on Monday revealed that Japan's economy expanded at an annualized rate of 0.4% in the October to December period, surpassing initial estimates of a...
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Passenger car sales in China saw an 8.3% increase in December, bolstered by a price war among manufacturers, although this was a decline from a significant surge recorded...
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The decline in iPhone sales in China is worsening, and it is likely that Apple will experience a significant decrease in sales this year,
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Indonesia will start imposing a tax on e-cigarettes from the beginning of 2024 in addition to the current excise tax as part of intensifying efforts to curb consumption....
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