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Feb exports value down 0.8%

The value of Hong Kong’s total exports decreased to $284.1 billion in February, down 0.8% on the same month last year, the Census & Statistics Department announced today.   The value of imports of goods fell 1.8% to $325.7 billion for the same period.   A trade deficit of $41.7 billion, or 12.8% of the value of imports, was recorded in February.   Comparing the three-month period ending February with the preceding three months on a seasonally adjusted basis, the value of exports rose 5.5%, while that of imports also increased 3.3%.   The Government noted that taking the first two months of the year together to remove the volatility caused by the difference in timing of the Lunar New Year, the value of exports posted a 16.6% growth against a very low base of comparison a year ago.   Exports to the Mainland and the US rose notably, while those to the European Union fell. Those to other major Asian markets recorded a mixed performance.   Looking ahead, the Gove

Security Bureau responds to enquires

The Security Bureau today reiterated that an organisation and its members shall remain criminally liable for the offences they have committed, notwithstanding its disbandment or the resignation of its members.   The bureau made the statement in response to media enquiries concerning the decision of the Hong Kong Confederation of Trade Unions to disband.   It emphasised that Police will spare no efforts in pursuing the legal liabilities of any organisation and people suspected of violating the Hong Kong National Security Law or other local laws.   The statement stressed that acts and activities that endanger national security may have very serious consequences and actions must be taken to prevent and suppress such acts and activities to minimise the risks which organisations or individuals endangering national security may bring about.   Thorough investigations will be conducted in respect of local organisations which have received donations from foreign political organisations and they will be asked to provide information.   If necessary, other measures may also be taken pursuant to the implementation rules under the security law and powers under other relevant ordinances, the statement added.   The bureau pointed out that based on evidence and the law, Police will continue to pursue the legal liabilities of organisations and people endangering national security in accordance with the law to ensure they are brought to justice so that they will not endanger national security.
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