Hong Kong economy will inevitably shrink further as protests show no sign of abating ...News

Russia Today - Economy
Hong Kong economy will inevitably shrink further as protests show no sign of abating
source : Russia Today ( News ) () 108
Hong Kong's economy is on the path to face another contraction in the fourth quarter, the financial secretary has warned as raging protests continue to take a toll on the city. “Judging from the situation in the past months, continued negative growth is unavoidable,” Financial Secretary Paul Chan Mo-po said on Sunday. Read more Is Trump using Hong Kong unrest as leverage in trade talks with China? While the official economic results will be released only early next year, Chan could already cite some gloomy statistics. The city’s retail sales plunged 26 pe

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