Hong Kong's Commissioner to the United States yesterday warned the SAR's economic growth would be halved and 87,000 jobs lost if the mainland's Most-Favoured Nation (MFN) status was not renewed. Kenneth Pang Tsan-wing, speaking at a seminar, said failure to renew MFN status would cripple Hong Kong's recovery from the regional economic turmoil. 'This would hit Hong Kong particularly hard in a tough year and jeopardise our ability to continue to play the role of 'firewall' in the Asian turmoil,' he said. 'For Hong Kong, any withdrawal or conditioning of MFN to China would seriously damage the trade flows through Hong Kong between our two largest trading partners. It would deal a devastating blow to business confidence in Hong Kong at this critical time.' He said the damage from the loss of MFN would also hurt US exports and imports and jeopardise investments. 'Despite the current problems in the region, Asia remains an important engine for growth in the coming decades,' he said.