Hong Kong economy shrinks 1.2 per cent, after battering by protests and virus fears

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Hong Kong confirmed Monday it plunged into recession in 2019, suffering its first annual contraction in a decade as the city buckled ...

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Hong Kong confirmed Monday it plunged into recession in 2019, suffering its first annual contraction in a decade as the city buckled ...

It's the first decline in a decade, and there are warnings of more beatings to come.

Preliminary gross domestic product decreased 2.9 per cent in the fourth quarter year on year.


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Hong Kong economy shrinks 1.2 per cent, after battering by protests and virus fears