Hong Kong’s Next Crisis May Be Economic as Protest Fallout Grows

  • Anti-government demonstrators shut down the airport on Monday
  • City’s reputation as a premier financial hub is at risk
Samuel Tse, economist at DBS, explains why he downgraded Hong Kong’s real GDP forecast for 2019 to 0% from 2.5%.(Source: Bloomberg)
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Hong Kong’s deepening political crisis now risks becoming an economic one.

After protesters brought the city’s airport to a standstill on Monday, investors and business leaders are growing increasingly alarmed by the fallout from 10 weeks of anti-government demonstrations that show no sign of letting up.