Hong Kong business activity shrinks at fastest pace in 21 yrs amid protests


Business activity in Hong Kong's private sector fell to its weakest in 21 years in October, weighed down by anti-government protests and softening global demand, according to an IHS Markit survey published on Tuesday.

More than five months of often violent street protests have battered the city's retail and tourism sector, with preliminary government data showing the economy slid into recession for the first time in a decade in the third quarter. Demand from mainland China declined at the sharpest pace in the survey's.....

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