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Shrinking growth, more job losses, and companies moving during US-China trade war

Shrinking growth, more job losses, and companies moving during US-China trade war -74715137_627868897961176_8458371474382469981_n

Shrinking growth, more job losses, and companies moving their activities elsewhere as social unrest and the US-China trade war continue to take their toll – that is the gloomy prediction for the new year from two of Hong Kong’s senior leaders. ⁠

Executive Council convenor Bernard Chan acknowledged there were several issues that needed to be resolved, not least over housing and the disparity between rich and poor in the city.⁠

He said: “I hope people will look at the bigger picture of Hong Kong, even if we don’t agree with each other. Retail and tourism sectors have been badly affected. If the unrest continues, the downturn will spread to other industries.⁠

“Is this in Hong Kong’s best interests? Can we have some common sense to protect rice bowls?” 📷: SCMP/Warton Li⁠

Go to link in bio @Charity In China to read more. ⁠



#hongkong #hkig #852 #hkprotests #hongkongprotests #causewaybay #Charity In China #CiIC

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