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

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Hong Kong’s Financial Secretary Paul Chan has warned the city could be heading for a recession. Photo: Bloomberg
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