Hong Kong has been pushed into recession with the economy dealt a blow by the coronavirus outbreak after months of social unrest. Photo: Felix Wong Hong Kong has been pushed into recession with the economy dealt a blow by the coronavirus outbreak after months of social unrest. Photo: Felix Wong
Hong Kong has been pushed into recession with the economy dealt a blow by the coronavirus outbreak after months of social unrest. Photo: Felix Wong
Hong Kong /  Hong Kong economy

Coronavirus: Hong Kong jobless rate expected to hit nine-year high, finance chief Paul Chan warns

  • Global economic volatility has exerted further pressure on Hong Kong, Chan says, warning that catering, retail, hotel and construction sectors will be hit hard
  • Many businesses have already scaled back or suspended operations, or asked staff to take unpaid leave, he says

Topic |   Coronavirus pandemic
Ng Kang-chung
Ng Kang-chung

Updated: 11:30pm, 15 Mar, 2020

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Hong Kong has been pushed into recession with the economy dealt a blow by the coronavirus outbreak after months of social unrest. Photo: Felix Wong Hong Kong has been pushed into recession with the economy dealt a blow by the coronavirus outbreak after months of social unrest. Photo: Felix Wong
Hong Kong has been pushed into recession with the economy dealt a blow by the coronavirus outbreak after months of social unrest. Photo: Felix Wong
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