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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Cannix Yau

Cannix Yau

Cannix joined the Post in 2014 after many years in journalism and some years working for legislators. She is interested in issues related to social justice and won SOPA's Excellence in Reporting Award in 2005.