Hong Kong in recession due to ‘comprehensive blow’ from protests
Financial secretary Paul Chan expects preliminary estimate for third-quarter GDP to show two successive quarters of contraction
28 October 2019 - 18:20
Hong Kong — Hong Kong has fallen into recession, hit by five months of antigovernment protests that erupted in flames at the weekend, and is unlikely to achieve any growth in 2019, city financial secretary Paul Chan said.
Black-clad and masked demonstrators set fire to shops and hurled petrol bombs at police on Sunday, with police responding with tear gas, water cannon and rubber bullets...
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