HONG KONG (ANN): The city’s slumping economy - hit by the double whammy of domestic unrest and a trade war between the United States and China - has forced the Hong Kong government to announce a fourth round of relief measures is on the cards.
Without giving details, Chief Executive Carrie Lam on Tuesday (Dec 3) said the government is looking to provide “targeted” help to businesses or industries that face difficulties, in order to “support businesses, protect jobs and livelihoods”. The new move comes after three rounds of relief measures rolled out in August, September and October.