Hong Kong slips into a technical recession as its economy shrinks 3.2 per cent in the third quarter of 2019. Photo: Roy Issa

Hong Kong slips into recession as economy shrinks 3.2 per cent in the third quarter

  • The decline between July and September followed a 0.4 per cent drop in the second quarter, marking a fall in two consecutive quarters
  • Tourist arrivals in Hong Kong also declined 50 per cent year on year in the first half of October
Topic |   Hong Kong protests

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Hong Kong slips into a technical recession as its economy shrinks 3.2 per cent in the third quarter of 2019. Photo: Roy Issa
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Denise Tsang

Denise Tsang

Denise Tsang is an award-winning journalist, with her career built on covering business and Hong Kong local news. She has won a number of regional and Hong Kong press awards and was a part-time lecturer on business journalism at Hong Kong Baptist University.