Carrie Lam has promised more government intervention to combat the worsening economic situation in Hong Kong. Photo: Dickson Lee

Hong Kong leader Carrie Lam announces fourth round of relief measures for economy battered by anti-government protests

  • Officials to ‘target businesses and sectors that are facing difficulties’
  • GDP is forecast to contract this year, with government coffers on course for first budget deficit in 15 years
Topic |   Hong Kong protests

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Carrie Lam has promised more government intervention to combat the worsening economic situation in Hong Kong. Photo: Dickson Lee
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Throughout nearly six months of anti-government unrest, protesters and police have regularly clashed. Photo: Bloomberg

Hong Kong anti-government protests bring biggest retail slump on record, as finance minister Paul Chan reveals cost to overall economy

  • City’s finance chief says months of social unrest have caused economic losses of about 2 per cent of GDP
  • Government reveals it is on course for first budget deficit in 15 years
Topic |   Hong Kong protests

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Throughout nearly six months of anti-government unrest, protesters and police have regularly clashed. Photo: Bloomberg
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