Thu, 2019-12-05 04:24
HONG KONG: Hong Kong’s government pledged HK$4 billion ($511 million) on Wednesday in new relief measures to help bolster an economy battered by months of protests that have eroded business confidence in the Asian financial hub.
The latest boost brings the government’s total pledged amount of relief to HK$25 billion. It remains to be seen whether that will be enough to help the economy, reeling from a drop-off in tourism and a record decline in retail sales.
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