The decade's most dire economic downturn in Hong Kong: The probability of a crisis escalating

Also read :The Jalebi festival is celebrated in the Vaishnava mansion in the Bay Area

Hong Kong, Ta. 4 November 2019, Monday

Also read :Missing Gujarati woman's body found in US New Year

Over the past few years, intense protests have been held in Hong Kong against Chinese and local governance. In the midst of this situation, people performed for the most number of days this year. The impact on Hong Kong's economic situation is now being seen. According to reports received, Hong Kong is currently the most vulnerable economic downturn of the decade.

Also read :A program of jokes, shares, poetry, full of humor

There are also reports that the impact of the trade war that began between China and the United States is also being felt in Hong Kong. Hong Kong, in particular, is a tourist destination, but the protests also had a profound impact on the protests. Shops were closed during the protests, traffic was stagnant, tourists avoiding the convenience of transportation only avoided visiting Hong Kong, as a result of its direct impact on Hong Kong's economy.

Also read :In the Vaishnava mansion of the Bay Area, Gita Jayanti was celebrated

According to the latest data, the economic downturn in Hong Kong in the 5th is worse than the current one. Currently, Hong Kong's economic growth has dropped from 8.5 percent to minus 8.2 percent. Julian Awans, a senior Chinese economist, said that Hong Kong city could face a further economic downturn in the coming days. Hong Kong is seeing an impact as global conditions are not good. In addition, Hong Kong's political crisis has had a major impact on Hong Kong.

In Hong Kong, anger has mounted against local administration, with people alleging that the Hong Kong administration introduced laws that would rob the people of Hong Kong, as well as allegations that the current Hong Kong leadership was acting under Chinese control and decided to say China. Has been