The pressure on Hong Kong’s economy from the trade war and city protests is evident through a decline in private sector confidence. Photo: Bloomberg

Hong Kong recession alert as new business orders dry up amid cocktail of US-China trade war and anti-government protests

  • Ten-year low in key test of business health driven by waning orders from mainland China
  • Troubled private sector leads economist to warn city economy could shrink by up to 4.5 per cent over a year
Topic |   Hong Kong economy

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The pressure on Hong Kong’s economy from the trade war and city protests is evident through a decline in private sector confidence. Photo: Bloomberg
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