Hong Kong Retail Sales Plunge Most on Record

Hong Kong Retail Sales Plunge Most on Record

Assessment

Interactive Video

Business, Social Studies, Architecture

University

Hard

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The video discusses the severe impact of the coronavirus outbreak on Hong Kong's retail sector, highlighting a record decline in sales by both value and volume. It provides a detailed analysis of the declines across various sectors, with a notable exception being a rise in supermarket sales. The outlook for retail remains bleak due to tightened social distancing measures and a significant drop in visitors from mainland China, which has further strained the economy. The video emphasizes the need for controlling the virus to see any potential recovery.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the social distancing measures affect the outlook for the retail sector?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact did the drop in visitors from mainland China have on Hong Kong's economy?

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