Hong Kong Retail Sales Rose More Than Estimated

Hong Kong Retail Sales Rose More Than Estimated

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

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The video discusses the retail environment in Causeway Bay, Hong Kong, amidst ongoing protests. Despite concerns, retail sales rose by 1.4% in October, driven by electronics, particularly iPhone sales. However, local spending on clothing and footwear declined. Mainland Chinese shoppers continue to visit, though their spending on luxury items has decreased. Legal proceedings regarding protest-related roadblocks are ongoing.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What changes in consumer spending patterns were noted in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What legal actions were taken regarding the protests and how did they affect the bus companies?

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