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Hong Kong's retail sales fall for 9th straight month, dropping 7.3% year-on-year in November.
Hong Kong's retail sales dropped by 7.3% year-on-year in November, marking nine consecutive months of decline.
Sales of clothing, jewelry, and motor vehicles were hit hard, while supermarket sales grew by 3.5%.
The government attributes the decline to changes in consumption patterns and a strong Hong Kong dollar but remains optimistic, citing measures like the revival of a tourist visa scheme to boost the economy.
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Las ventas al por menor de Hong Kong caen por noveno mes consecutivo, bajando un 7,3% año tras año en noviembre.