Hong Kong commerce minister’s gloomy prediction for city economy as battle against coronavirus continues

Hong Kong’s commerce minister has warned the city’s coronavirus-ravaged economy could continue to suffer in the second quarter of the year.Speaking exclusively to the South China Morning Post on Thursday at the China Conference, which the Post is hosting, Secretary for Commerce and Economic Development Edward Yau Tang-wah said he was not optimistic about the city’s gross domestic product over the past few months.“The second quarter will not be any better than the first quarter because the trend…

from South China Morning Post https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3084317/hong-kong-commerce-ministers-gloomy-prediction