The man in charge of the Hong Kong economy says the government may need to revise its GDP growth estimates with the protests and US-China trade tensions having a negative impact. Photo: Roy Issa

As Hong Kong protests rage, finance chief Paul Chan warns of further forecast downgrade for city’s economic growth

  • A cut in predicted GDP growth may be ‘unavoidable’, says Financial Secretary Paul Chan, as falling consumer spending could lead to unemployment surge
  • Economy taking a battering from violent protests and US-China trade war, with Chan reporting waning confidence from investors abroad
Topic |   Hong Kong economy

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The man in charge of the Hong Kong economy says the government may need to revise its GDP growth estimates with the protests and US-China trade tensions having a negative impact. Photo: Roy Issa
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Karen Yeung

Karen Yeung

Karen Yeung joined the Post in 2017 after more than 15 years' experience on global newswires in Hong Kong and Shanghai. She spent eight years in Shanghai and has received awards for best feature, analysis and agenda-setting.

Elizabeth Cheung

Elizabeth Cheung

Elizabeth Cheung has been a health reporter for the Post's Hong Kong desk since 2014. She covers general medical news, breakthrough medical treatments and research, government policy and hospital blunders. Elizabeth has a master's in development studies.