Hong Kong GDP to Contract 6% in 2020: Oxford Economics

Hong Kong GDP to Contract 6% in 2020: Oxford Economics

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the impact of COVID-19 on Hong Kong's economy, highlighting the challenges faced by the retail and restaurant sectors. It explores the potential restructuring of Hong Kong as a financial center focused on the Chinese market. The housing market remains resilient due to low interest rates and local demand, while the retail and office markets are expected to recover gradually with the return of tourism.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What role is Hong Kong expected to play in relation to the Chinese market in the future?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How might the national security law impact foreign companies' confidence in Hong Kong?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expected trends for the retail sector in Hong Kong in the coming years?

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