HONG KONG (Bloomberg): The Hong Kong government is usually eager to play up the city's resilience in the face of economic calamity, like the bounce-back after the Asian financial crisis and its recovery following the 2003 Sars epidemic.
It's now settling for "less bad than before." A case in point is last week's rise in an index of sentiment for small- and medium-sized enterprises, aided by a Christmas shopping season that was relatively free from violent street demonstrations.
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