Hong Kong's Technical Recession in 3Q Possible, Economist Says

Hong Kong's Technical Recession in 3Q Possible, Economist Says

Assessment

Interactive Video

Business, Life Skills

University

Hard

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The video discusses the notable increase in unemployment in Hong Kong's retail sector, reaching 4.6%, the highest since 2017. Other industries like trade and finance show stability or slight improvement. The protests and trade tensions between Beijing and Washington are exacerbating economic challenges, potentially leading to a recession. The government has introduced relief measures and plans to address these issues in upcoming policies.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the unemployment rate in the retail sector mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the unemployment rate in the financial sector change according to the text?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected trend for the unemployment rate in the coming year according to the text?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contributed to the slowdown in Hong Kong's economy as discussed in the text?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What measures did the government unveil to help the vulnerable sectors affected by the protests?

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