HONG KONG - The Hong Kong economy grew 6.5 percent in the second quarter of 2010 from a year earlier, a rise for the fifth consecutive quarter, said John Tsang, financial secretary of the government of the Hong Kong Special Administrative Region (SAR), on Friday afternoon.The broad recovery mainly benefited from robust growth in China 's mainland and other Asian economies, said Tsang in a press conference.
As Hong Kong's GDP in the first half of 2010 increased by 7.2 percent year-on-year, Tsang revised the forecast for the whole year to 5 to 6 percent from May's 4 to 5 percent.Meanwhile, since the outlook for external environment remains uncertain, it is likely that Hong Kong's year-on-year export may slow down in the second half of 2010. "We should prepare for the worst when the situation is reasonably well," said Tsang
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