Protests and Covid leave Hong Kong stuck in recession


Source: execreview.com execreview.com

Key Topics in this News Article:

News Snapshot:

Political unrest hit tourism and retail, and coronavirus response has delayed recovery …" data-url="http://www.execreview.com/2020/09/protests-and-covid-leave-hong-kong-stuck-in-recession/" class="twitter-share-button" >Tweet People wearing protective face masks visit the lookout of Victoria Peak in Hong Kong. Photograph: Isaac Lawrence/AFP via Getty Images Hong Kong’s economy was already in recession when the pandemic hit in January. Six months of running battles between pro-democracy campaigners and local government had deterred many of the visitors who fuel the lucrative tourism industry, while the threat of violence on the streets and closures of shops had sent retail sales down nearly a quarter on the previous year. With much of Asia...