Double punch for Hong Kong’s economy from coronavirus following months of civil unrest

2020-02-12 164

Hong Kong’s finance chief has warned that the city’s economy is likely to continue contracting into 2020 as the coronavirus outbreak piles on additional challenges in a city already suffering from months of social unrest. Financial Secretary Paul Chan Mo-po also said the economic impact of the coronavirus outbreak could prove to be more severe than it was in 2003 when the city was hit by severe acute respiratory syndrome (Sars).

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