Battered By Protests, Hong Kong Enters Recession With Negative Growth Forecasted For The Year

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It’s the financial hub’s first recession in a decade.

reported that Hong Kong’s economy shrank 3.2% for the July-September quarter, and said it will contract 1.3% for the year.0.5% in the period of April through June.

Factors Chan attributed to Hong Kong’s economic woes were thegovernment economist Andrew Wu blamed: brutal, neverending protests, the ongoing U.S./China trade war and a global economic slowdown.in a secondary listing there .

 

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Perhaps oppression is bad for business? Are you mistaking the result for the cause? Why are protesters in the streets?

Many social problems in this financial city are exposed during this social movement such as PoliceBrutality and the lost of Rule of law.

So long as the current leadership stays in power

全世界都看到暴徒恐怖分子在打砸抢烧,而香港的民主派是同党,鼓噪纵暴甚于暴徒

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