A chemist shop near Hong Kong’s Tsim Sha Tsui shopping district. The area has been affected by protests that have roiled the city for three months now. Photo: Xinhua

Citi cuts Hong Kong GDP growth forecast for fourth time this year, says retail and tourism could take months to recover

  • Bank cuts forecast for GDP growth to 0.6 per cent for 2019, 1.4 per cent for 2020
  • Hong Kong’s retail and tourism sectors have suffered ‘visible damage’, lender says
Topic |   Hong Kong economy

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A chemist shop near Hong Kong’s Tsim Sha Tsui shopping district. The area has been affected by protests that have roiled the city for three months now. Photo: Xinhua
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An anti-government protester uses a tennis racket to return a canister fired by police in clouds of tear gas on Yeung Uk Road on August 25. Photo: Sam Tsang

Hong Kong protests 2019 vs Occupy Central: after 79 days, retailers, investors, developers hit far worse by this year’s demonstrations

  • This time, economy was already wobbling from trade war
  • Meanwhile, launch of the Stock Connect kept up market spirits in 2014
Topic |   Hong Kong protests

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An anti-government protester uses a tennis racket to return a canister fired by police in clouds of tear gas on Yeung Uk Road on August 25. Photo: Sam Tsang
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