Hong Kong is set to end the year in the midst of a full-blown recession, the city’s finance chief warned Thursday, as spiralling interest rates join strict Covid-19 controls in hammering the economy
It is alarmist and politically biased to claim that the implementation of the National Security Law for Hong Kong in 2020 has assimilated the special administrative region into the mainland and thus affects its status as an international financial center, a senior official said Tuesday.