Hong Kong Cuts 2019 GDP Forecast, Announces Stimulus

Hong Kong Cuts 2019 GDP Forecast, Announces Stimulus

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses Hong Kong's fiscal stimulus measures amidst ongoing protests, which are not linked to the unrest according to the Finance Secretary. The protests have significantly impacted the economy, with retailers closing and tourism declining. Upcoming protests are expected to test public sentiment further. The unrest has also affected businesses, with some reconsidering IPO plans, and has led to a decline in hotel bookings and retail sales.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the planned march mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the sentiment in Hong Kong changed due to the protests and recent events?

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