Warning of looming ‘economic typhoon’


The warning from the city’s top budget official came after Hong Kong last week slashed its 2019 growth forecast to as little as zero, down from a previous range of 2% to 3%.(File pic Paul Chan)

HONG KONG: Protest-battered Hong Kong should also brace itself for an “economic typhoon” caused by the US-China trade war and recent political unrest in the city, financial secretary Paul Chan wrote in a blog post.

The warning from the city’s top budget official came after Hong Kong last week slashed its 2019 growth forecast to as little as zero, down from a previous range of 2% to 3%.

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