Hong Kong people upbeat as analysts say economy has recovered


HONG KONG (AP) - Analysts believe Hong Kong has emerged from the recession it slipped into during the SARS epidemic, and ordinary people are starting to voice optimism after months of gloom. 

Unemployment has fallen, though it remains stubbornly high at 8 percent, and Hong Kong has now weathered five years of deflation - falling prices due to slow demand. 

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