Protesters tie black balloons to the railing at the Wan Chai harbourfront during a protest against the extradition bill on July 1. The protests have continued for over seven months, with Hong Kong slipping into recession in October 2019. Photo: Winson Wong
Anson Au
Opinion

Opinion

Anson Au

Why Hong Kong’s economy is more than capable of weathering the recent protest headwinds

  • Tourist arrivals are not a good barometer of the state of the economy, given that inbound tourism accounts for only 3.7 per cent of Hong Kong’s GDP
  • Meanwhile, Hong Kong has been growing in strength and attracting senior personnel in some areas, such as the legal sector
Protesters tie black balloons to the railing at the Wan Chai harbourfront during a protest against the extradition bill on July 1. The protests have continued for over seven months, with Hong Kong slipping into recession in October 2019. Photo: Winson Wong
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