Hong Kong’s Financial Secretary Paul Chan has warned the city could be heading for a recession. Photo: Bloomberg
Hong Kong still heading for recession even with relief measures announced to counter slowdown and turmoil, economists warn
- Finance chief Paul Chan unveiled HK$19.1 billion worth of measures for enterprises and residents, saying they could help boost the economy by 0.3 per cent
- But economists remain pessimistic about the city’s economic outlook
Topic |
Hong Kong economy
Hong Kong’s Financial Secretary Paul Chan has warned the city could be heading for a recession. Photo: Bloomberg