Protesters face off with police in Ma On Shan after the arrest of pro-independence activist on August 2. Photo: Felix Wong
UBS slashes Hong Kong GDP forecast as trade war, protests weigh on city’s economy
- Swiss bank cuts forecast to 0.8 per cent from 2.4 per cent for 2019
- Downgrade came after GDP growth fell below expectations in second quarter
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Hong Kong economy
Protesters face off with police in Ma On Shan after the arrest of pro-independence activist on August 2. Photo: Felix Wong