Hong Kong Economy Hit By Trade War, Protests, Virus

The transcript discusses the economic situation in Hong Kong, highlighting a 0.4% GDP drop in the fourth quarter, which was better than expected. The US-China trade war and prolonged unrest in Hong Kong have negatively impacted the economy, particularly in services and tourism. The coronavirus outbreak has further exacerbated the situation, though its effects are not yet reflected in the numbers. Additionally, a healthcare strike is underway, demanding the closure of the border with China, which the government has refused, citing WHO guidelines.

What was the percentage drop in fourth quarter GDP?

What factors contributed to the decline in demand in Hong Kong's economy?

How did the estimates for the fourth quarter GDP compare to the actual results?

What actions are hospital professionals in Hong Kong threatening to take?

What concerns do medical professionals have regarding the coronavirus outbreak?