ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Hong Kong protests

Protests tip Hong Kong into official recession as trade war stings

Economists doubt government steps to stem slide can secure rebound

HONG KONG -- New data has confirmed that months of anti-government protests have tipped the economy of Hong Kong, already under pressure from China's slowdown and its trade conflict with the U.S., into recession.

The city's economy shrank 3.2% in the July-September period compared with the quarter before, according to figures from the Hong Kong Census and Statistics Department on Thursday. This marked a stark deterioration from the second quarter's 0.4% decline in gross domestic product and puts the city officially in recession for the first time in a decade

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more