Financial Secretary Paul Chan at the Caixin Summit Hong Kong on June 10. Chan said on Monday that Hong Kong’s economy was in a “difficult situation”. Photo: K.Y. Cheng

Financial Secretary Paul Chan warns that anti-government protests – paired with US-China trade war – could plunge Hong Kong’s economy into recession

  • Chan warns economy is losing momentum as estimates of losses from Monday’s protests range from HK$300 million to HK$2.6 billion.
  • One economist was blunt: ‘In Hong Kong, breaking someone’s rice bowl is unforgivable’
Topic |   Hong Kong protests

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Financial Secretary Paul Chan at the Caixin Summit Hong Kong on June 10. Chan said on Monday that Hong Kong’s economy was in a “difficult situation”. Photo: K.Y. Cheng
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