Hong Kong economy slipped into a technical recession in Q3
HK will likely enter a full-blown economic recession in 2020
We lowered our 2020 GDP
growth forecast to -4.0% yoy from +0.4% previously. In 2021, we expect GDP growth to rebound to 1.9% yoy- BAML pic.twitter.com/KDAhVS5V0U— Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) November 23, 2019
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