How Coronavirus Could Impact Hong Kong’s Fragile Economy

How Coronavirus Could Impact Hong Kong’s Fragile Economy

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the economic challenges faced by Hong Kong's retail and tourism sectors due to a combination of factors including protests, the China Trade War, and the coronavirus outbreak. It highlights the impact on consumer confidence and retail sales, with landlords offering temporary rent waivers. The banking sector shows resilience despite rising nonperforming loans, supported by strong balance sheets and low debt levels.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expected retail sales figures for February, and what does this indicate about the market?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the potential impact of rising non-performing loans (NPLs) on the banking sector in Hong Kong.

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