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

Recession-bound Hong Kong faces first budget deficit in 15 years

October retail sales show record decline as unemployment rises

Office workers hold umbrellas as they attend a pro-democracy protest on Nov. 11 after police fired tear gas at the financial Central district in Hong Kong.   © Reuters

HONG KONG -- The Hong Kong government is on track for first fiscal deficit in 15 years for the 12 months ending in March, as an economic downturn and prolonged anti-government protests take their financial toll.

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