Hong Kong’s ties to global markets leave it vulnerable to the looming global downturn. Pictured, a pedestrian in front of a shop in the Central district. Photo: Xinhua

Coronavirus: Fallout from global pandemic clouds Hong Kong’s economic recovery, Kurt Tong says

  • City’s open economy, already reeling from months of pro-democracy protests, is considered particularly vulnerable to external shocks like a global health crisis
  • Executives and analysts, speaking on Monday, say they don’t expect the US to significantly reduce the 25 per cent tariffs on US$250 billion in Chinese goods
Topic |   Coronavirus pandemic
Hong Kong’s ties to global markets leave it vulnerable to the looming global downturn. Pictured, a pedestrian in front of a shop in the Central district. Photo: Xinhua
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