(BBG) Hong Kong Expects First Annual Recession Since Global Financial Crisis

(BBG)

  •  City sees economy contracting 1.3% amid local social incidents
  •  Consumer price inflation estimated higher on China pork supply
People gather during a protest in the Central district of Hong Kong on Nov. 12.
People gather during a protest in the Central district of Hong Kong on Nov. 12. Photographer: Justin Chin/Bloomberg

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Hong Kong revised down its estimate for economic growth this year as political unrest grips the city, with the government now forecasting the first annual contraction since the global financial crisis a decade ago.You’re browsing incognito.Subscribe to conti