HongKong

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



Hong Kong’s finance chief warned on Sunday of another cut to the city’s growth forecast as five months of protests pounded an economy already suffering from US-China trade tensions.Financial Secretary Paul Chan Mo-po said a further downgrade for 2019 might now be “unavoidable” and there was a “very big chance” the city would be in recession for the whole year.Writing in his official blog on Sunday, Chan did not say when the forecast revision for gross domestic product could take place. In…



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