According to a quarterly survey of regional economists reported on by Reuters this week, Hong Kong's economy is expected to grow a median 7.4% this year.
The analysts questioned for the poll reportedly cited strong export and consumer spending activity as two of the factors behind the SAR economy's strong performance, but suggested that increasing oil prices will act to slow global economic growth, thus moderating activity in Hong Kong.
The economists further predicted, according to Reuters, that growth in the territory will slow to 4.1% in 3005, and that consumer spending, increased tourism, employment growth and gains in the property market will all play a key role in driving the economy throughout the year.
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