Hong Kong economy shrank a record 6.1pc in 2020 Money


Source: malaymail.com malaymail.com

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Hong Kong economy shrank a record 6.1pc in 2020 Friday, 29 Jan 2021 06:27 PM MYT The government today said gross domestic product (GDP) declined three per cent in the last quarter of 2020 year-on-year, leading to the record decline over the whole year. — Reuters pic HONG KONG, Jan 29 — Hong Kong’s economy contracted a record of 6.1 per cent in 2020 as the city was battered by the coronavirus pandemic, just months after it was upended by widespread political unrest. The government today said gross domestic product (GDP) declined three per cent in the last quarter of...