WION Dispatch: Hong Kong’s economy is slipping into a technical recession
Edited By WION Video Desk
Published: Aug 01, 2022, 05:25 IST | Updated: Aug 01, 2022, 05:25 IST
Hong Kong has slipped back into a technical recession, new government figures showed on Monday. After falling 3.9 percent year-on-year in the first quarter of 2022, the city’s GDP on Monday reported another decline in the second quarter.
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