HONG KONG -- Amid growing signs that Hong Kong may be slipping into recession, businessman Li Ka-shing on Friday added his voice to a chorus of local tycoons and companies publicly denouncing violence after weeks of clashes between anti-government demonstrators and police.
The economy continued to face significant downward pressure in the second quarter of this year, the government said on Friday. Gross domestic product expanded at a modest pace of 0.5% in the April to June period compared with a year earlier, slightly slower than the 0.6% growth in the preceding three months.
