Hong Kong recession deepens as virus outbreak darkens outlook
Share:
HONG KONG (Reuters) - Hong Kong's economy contracted for the first time in a decade in 2019 as violent anti-government protests and trade tariffs between Washington and Beijing took more steam out of the economy in the final quarter of last year.The worst is yet to come, with no end in sight to the protests in the Chinese-ruled city and a new coronavirus outbreak in mainland China."The coronavirus outbreak will probably keep the city in recession for a while longer," said Martin Rasmussen, China..