Hong Kong protests hit retailers and tourism | Money Talks
Money Talks
English - November 04, 2019 12:24 - 6 minutesBusiness News Business News business money finance banking currency stocks politics economy economics analysis Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Five months of protests in Hong Kong have left its economy even weaker than many economists had expected. The international financial hub was already feeling the brunt of the US-China trade war and a slower global economy. And some analysts say the city is heading towards an economic crisis. The economy shrank 3.2 percent in the third quarter after slowing half-a- percent the previous quarter. And for more on this Phar Kim Beng gave us analysis from London. He's a political economist and founder of consulting firm, Echo Strategic Insight.
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