Hong Kong Entering Technical Recession Amid Ongoing Protests

Hong Kong is experiencing a technical recession with two consecutive quarters of economic decline. Financial Secretary Paul Chan highlights the comprehensive impact on the economy, with tourism dropping 37% year over year in the third quarter. Protests have led to retail closures and violence, including fires and gasoline bombs. Despite the withdrawal of a controversial extradition bill, protesters continue to demand an independent inquiry into police conduct and other reforms. The economic recovery depends on ending the violence and allowing society to heal.

What are the demands of the protesters in Hong Kong?

What does Chan suggest is necessary to fix the economy?