Hong Kong to enter recession after protests damage retail, tourism - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Hong Kong to enter recession after protests destroyed retailers and brought the city's tourist industry to its knees

to small businesses have also suffered losses because protests have forced them to close early to protect their staff.In his blog post, Chan also detailed a set of "supporting measures" to tackle the growth issues facing the city, including handing out cash incentives to travel agents who manage to bring in tourists. He did not say when these measures would come into force.

The Hong Kong government withdrew the extradition bill that sparked the protests in September, but demonstrations have continued and become increasingly violent as police and protesters exchange

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Helen504 FreeHK StandWithHongKong HKPoliceTerrorism HKPoliceState LiberateHongKong Stand With Hong Kong 🌟⚖

It was the HKPoliceTerrorism and HKPoliceState who brought the city to its knees. The HKSAR government has successfully turned a political matter to a civil-police crisis. Welcome to an authoritarian city. LiberateHongKong

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hong Kong protests push insurer AIA to worst quarterly new business growthAsia-focused insurer AIA Group Ltd posted its smallest ever quarterly ... 'They have nothing, but they are free.' -- Angelina Jolie on Mosul refugees. Enjoy your freedom in Hong Kong. Angelina will stand with you!! What!? You need asylum from America? Oh Man. You are over my head~ Most of the insurance products are being sold to Mainland Chinese aiming for money laundering and capital escape. Well, The Insurance companies should lobby to the HK govt. The Govt has failed to protect business interests in this financial hub, failed to uphold the Basic Law, failed HKers in multiple areas. Don’t just blame the HongKongProtests, you know better. LiberateHK
Source: Reuters - 🏆 2. / 97 Read more »

Insurer AIA third-quarter new business posts tepid rise as Hong Kong demand slowsAsia-focused insurer AIA Group Ltd said on Monday it posted only a sma...
Source: Reuters - 🏆 2. / 97 Read more »