News Snapshot:
12:39 Hong Kong economy shrank a record 6.1pc in 2020 Afp, Hong Kong 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 on Friday said gross domestic product (GDP) declined three percent in the last quarter of 2020 year-on-year, leading to the record decline over the whole year. "As social stability in Hong Kong has been restored, the severe economic contraction last year was mainly due to the fallout from the Covid-19 pandemic," a government spokesperson...
