Hong Kong’s Finance Chief Paul Chan Cools Talk of Cash Handouts in Budget

The video discusses the debate over cash handouts in Hong Kong, considering the fiscal reserves and potential budget deficit. It examines the impact of protests on the retail and tourism sectors, highlighting the challenges faced by tenants due to high rents. Despite these issues, the financial sector remains robust, with no plans to change the Hong Kong dollar peg. Business confidence is addressed, noting that while some firms have contingency plans, Hong Kong remains a key economic hub.

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