Hong Kong falls into recession after months of protests | Sky News Australia

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Hong Kong has fallen into recession as pro-democracy protests continue to paralyse the city.

The city's Financial Secretary has conceded economic growth is unlikely this year, as the demonstrations deliver a sharp blow to the economy.

Retail operators and businesses have been forced to close for days at a time - during the months of chaos, and tourism numbers have plunged down by nearly 50 per cent this month alone. Protests have continued for five months and still show almost no signs of relenting. Image: AP

 

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HK govt is responsible. Hasn't given HK a referendum on five demands, which includes a question on universal suffrage.

Oh dear and its Market Capitalization † Hong Kong Stock Exchange as a Market Capitalization of $3.91 Trillion. By market cap, Hong Kong Stock Exchange is ranked 6 out of the 144 stock markets we track.' Trillions looking for a new home, flooding global markets,cost, Q.E. ERA?

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