University students wear Guy Fawkes masks before their graduation ceremony at the Hong Kong Polytechnic University to mark a month after the prohibition of face covering at protests. The economic markers have plunged since the protests started more than five months ago. – AFP pic, November 5, 2019.
HONG Kong’s economic woes showed no sign of easing tomorrow after a key measure of business confidence fell to its lowest level in more than a decade as the city reels from the global trade war and violent democracy protests. The Purchasing Managers Index – which measures the health of the private sector – dropped to 39.3 in October, its worst reading since 2008 during the global financial crisis, heaping fresh misery on the unrest-plagued city.
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