Economic contagion: Hong Kong
The Intelligence from The Economist
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Economic Turmoil in Hong Kong
This chapter examines the severe economic challenges in Hong Kong, marked by a 2.9% contraction due to trade wars and escalating protests. It discusses the psychological effects on consumer sentiment and the impact of the coronavirus on tourism and local businesses. The relationship between the government and citizens is strained as health concerns clash with economic stability, raising questions about Hong Kong's future as a financial hub.
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