Businesses have been hit hard by the coronavirus crisis and ongoing civil unrest. Photo: Dickson Lee
Coronavirus impact on Hong Kong economy could be more severe than 2003’s Sars, finance chief warns
- Financial Secretary Paul Chan says city is now more reliant on tourism, which has been severely hammered by health crisis, on top of ongoing civil unrest
- He adds that coming unemployment rate will surpass that of last quarter
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Businesses have been hit hard by the coronavirus crisis and ongoing civil unrest. Photo: Dickson Lee