May 15, 5:59 AM EDT

Hong Kong quarterly economic growth tepid as Chinese tourist numbers weaken



Multimedia
Hong Kong 10 Years After the Turnover
Latest News
Malaysia refuses entry to teen leader of Hong Kong pro-democracy protests

Cathay Pacific flight attendants hold Hong Kong airport sit-in to protest airline's treatment

Hong Kong quarterly economic growth tepid as Chinese tourist numbers weaken

Buy AP Photo Reprints
Multimedia
A district summary of the Beige Book
Measuring economic stress by county nationwide
Mall malaise: shoppers browse, but don't buy
Unemployment by the numbers
Family struggles with father's unemployment
Saying an affordable goodbye
Hard times hit small car dealer
Latest Economic News
Weaker Japanese yen adds uncertainty as factory output, inflation lag expectations

Harsh winter and weak energy output likely caused US economy to shrink in Q1, but rebound seen

Sluggish government spending slows Philippine economic growth to 5.2 percent in 1Q

Spain seeks revamp of EU monetary system, new mandate for European Central Bank

German consumers remain optimistic for June amid robust domestic demand, low inflation rates

Puerto Rico lawmakers approve sales tax increase; gov expected to sign bill

Mideast officials say world must be more involved in fighting extremists, helping refugees

ECB's conference probes reasons behind persistent high jobless rates in currency union

AP Interview: Head of UN refugee agency says Europe, others must open borders to Syrians

UN envoy to Libya: Islamic State extremists will pose 'serious threat' if unity talks fail

Interactives
Greece's Debt Threatens to Spread
State budget
gaps map
Auto industry problems trickle down, punish Tennessee county
Women give old Derby hats a makeover in tough economy
S.C. town deals with highest unemployment in South
How mortgages were bundled and sold as securities
Tracking the $700 billion financial bailout
Tracking the year's job losses
State-by-state foreclosures since 2007
Credit crisis explained
Presidents and their economic legacies
Lexicon of the financial crisis
Americans' addiction to debt

HONG KONG (AP) -- 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."

Mainland Chinese make up most of the visitors to the former British colony and they have been estimated to account for a third of all retail sales.

But their numbers have fallen in recent months following rowdy protests by activists angered at how their voracious buying of everything from baby formula to luxury goods has warped the local economy.

Exports were "lackluster" as declines in shipments to Europe, Japan, South Korea and Taiwan outweighed growth in exports to the U.S. and some Southeast Asian markets including India grew, the government said.

Hong Kong is a major transshipment point for goods moving from mainland Chinese factories to markets overseas.

© 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Learn more about our Privacy Policy and Terms of Use.