Hong Kong on brink of recession as trade war, political protests escalate
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HONG KONG (Reuters) - Hong Kong is on the verge of its first recession in a decade as increasingly violent anti-government protests scare off tourists and bite into retail sales in one of the world's most popular shopping destinations. The economy shrank 0.4% in April-June from the previous quarter, revised government data showed on Friday, and conditions have sharply deteriorated since then as demonstrations spread, closing the airport at one stage and paralysing prime shopping areas. The..