Financial News
Written by: Zhang Weilun, He Jingxi
2020-05-04 16:33
Date of last update: 2020-05-04 16:35The Census and Statistics Department announced the economic performance of Hong Kong as of the end of March this year. In the first quarter of 2020, GDP fell by 8.9% in real terms over the same period of the previous year, and it was even more eclipsed than the 8.3% contraction expected by Hong Kong University earlier. This is the largest decline since the first quarter of 1974 during the statistical period.
New Crown Pneumonia ｜ Chen Maobo: If the economy shrinks near the lower limit, it will be the worst since the 1960s
Hong Kong economy
/cloudfront-eu-central-1.images.arcpublishing.com/prisa/3I74UEXLYRBBRPGPSGWNN6WXH4.jpg)
