World Concerns Over Hong Kong Protests
Publish Date : 2019/08/15 - 08:10


Ten straight weeks of anti-government protests in Hong Kong are taking a sharp toll on an economy already hit by the U.S.-China trade war.

The protests began at weekend marches and became a daily phenomenon.

World brands from Walt Disney to Prada have warned of its side effects. Pacific Airlines and other airlines have canceled hundreds of flights this week following a sudden closure of the airport.

More than $ 600 billion in stock market value has been lost since early July, and analysts are concerned about the likelihood of asset prices falling.

According to Bloomberg's economy, GDP rose 0.6% in the second quarter, and further unrest may increase the likelihood of a recession.

Source:Bloomberg

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