The IMF said further escalation in the US-China trade war could have negative spillovers for Hong Kong business and employment in related industries. Photo: Winson Wong

Hong Kong needs bigger handouts, fiscal push to lift economic growth from its worst slump in a decade, IMF says

  • IMF trims Hong Kong’s growth outlook for 2020 as economy heads for first contraction in a decade this year
  • Washington-based fund recommends stepping up spending through 2024 to widen social safety nets
Topic |   Hong Kong economy
The IMF said further escalation in the US-China trade war could have negative spillovers for Hong Kong business and employment in related industries. Photo: Winson Wong
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