Hong Kong’s Retail Sales Won’t Recover This Year or Next Year: ING’s Pang

The video discusses the significant decline in Hong Kong's retail sales and visitor numbers, highlighting the correlation between these declines and ongoing protests. It explores the economic impact of the protests, noting that recovery is unlikely in the near future. The discussion includes the broader economic challenges, such as the trade war and rising unemployment, which exacerbate the situation. The video also examines the decline in tourism from mainland China and other regions, emphasizing the need for economic diversification to mitigate the impact of reduced tourist arrivals.

In what ways has the trade war impacted Hong Kong's economy?

What predictions are made about the recovery of retail sales in Hong Kong?