HONG KONG: Hong Kong could take six months to reverse the economic effects of the Covid-19 (coronavirus) pandemic, Financial Secretary Paul Chan said on Sunday (April 5), adding that the government will offer "comprehensive” aid to protect businesses and jobs across all industries as the outbreak’s impact spreads through the economy.
The retail and tourism sectors were initially among the hardest hit by the pandemic but the effects have now spread to "virtually all industries,” Chan wrote in his blog on Sunday.
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