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Hong Kong Faces an Uneven Recovery in 2021

  • Economists predict positive growth after two years of decline
  • City has imposed virus restrictions to curb latest outbreaks
China Security Law Is Latest Worry for Hong Kong Developers
Photographer: Roy Liu/Bloomberg

Recession-hit Hong Kong is facing a long and bumpy road to recovery after closing out yet another tumultuous year in 2020.

Just like the beginning of last year, optimism is high that the city’s economy will soon start turning the corner. Back then, analysts were predicting a rebound after months of pro-democracy protests in 2019 weighed on the economy, expectations that were quickly dashed with the outbreak of the coronavirus pandemic.