Downturn to hit Hong Kong like a 'tsunami', as China slaps warning on Cathay


By Noah SinClare Jim
  • World
  • Friday, 09 Aug 2019

FILE PHOTO: Members of a group opposing the anti-government protesters retreat after clashing with people attending a demonstration in support of the city-wide strike and to call for democratic reforms in Hong Kong, China, August 5, 2019. REUTERS/Kim Kyung-Hoon

HONG KONG (Reuters) - Hong Kong's protests are hitting its economy, the city's leader Carrie Lam said on Friday, echoing warnings from business leaders including powerful local property developers, as about 1,000 mostly young activists occupied the airport arrivals hall.

China, whose rule over the city is being challenged by the protests, meanwhile demanded Hong Kong flag carrier Cathay Pacific Airways suspend staff involved in the demonstrations. One of its pilots was arrested last week.

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