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Monday, 28 October 2019

Hong Kong leader says expects city to record negative growth in 2019

October 29, 2019

HONG KONG (Reuters) – Hong Kong’s embattled leader Carrie Lam said on Tuesday she expects the Asian financial hub to record negative economic growth for the full 2019 year, as the city grapples with five months of often violent anti-government protests.

Lam was speaking two days after Financial Secretary Paul Chan said Hong Kong has fallen into recession and was unlikely to achieve any growth this year.

(Reporting By Clare Jim, Donny Kwok, Farah Master; Writing by Anne Marie Roantree; Editing by Muralikumar Anantharaman)

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