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Hong Kong economy tepid as Chinese tourism weakens

Hong Kong’s economy expanded tepidly in the first quarter as exports slumped and fewer mainland Chinese tourists visited following a backlash against their influx.

The Asian financial center’s economic output grew 0.4 percent in the January-March period compared with the previous quarter on a seasonally adjusted basis, the government said Friday.

Officials reported "visibly slower growth in tourist arrivals and weaker tourist spending."

(Source: CNBC)