Economics

Hong Kong Is Sinking Into a Recession With No Recovery in Sight

  • Data for third quarter likely to confirm technical recession
  • Government may unveil further stimulus measures this month
Johanna Chua of Citigroup Global Markets discusses how the political turmoil in Hong Kong is affecting the economy. (Source: Bloomberg)
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Hong Kong is facing its first recession since the global financial crisis, with little prospect of an immediate recovery as the city confronts its most violent protests in decades.