Shoppers at the Causeway Bay shopping district in Hong Kong on July 22, 2014. Photo: Reuters
Gloom weighs on Hong Kong as 40 per cent of small businesses see city’s economy worsening in the next 12 months, survey shows
- Over 40 per cent of Hong Kong’s small and medium enterprises expect the local economy to worsen in the next 12 months from June
- 70 per cent of them are concerned about global economic growth, compared to 56 per cent of all 13 markets surveyed
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Hong Kong economy
Shoppers at the Causeway Bay shopping district in Hong Kong on July 22, 2014. Photo: Reuters