Hong Kong’s finance chief says the city’s economy is set to contract in the first quarter of the financial year. Photo: K. Y. Cheng
Coronavirus: Hong Kong’s finance chief warns economy will contract in first quarter amid fifth wave of infections
- Paul Chan says growth depends on effectiveness of anti-epidemic efforts and more measures will soon be rolled out to help businesses
- ‘Assisting SMEs is the key to securing the strength and resilience of the economy, and more importantly, to help secure employment,’ Chan says
Hong Kong’s finance chief says the city’s economy is set to contract in the first quarter of the financial year. Photo: K. Y. Cheng
