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Showing posts from February, 2020

New leader for Hong Kong and Macau Affairs Office

China upgrades Hong Kong affairs with new chief for HKMAO SCMP
Profile of Xia Baolong SCMP
Analysis SCMP

Corona virus contributes to changing direction of protest movement

Protest momentum remains, but taking new directions. SCMP

Hong Kong's GDP down 2.9% yoy in Q4

Q4 GDP was -2.9% compared with same quarter a year ago and -0.4% from Q3.

For the whole of 2019, real GDP contracted by 1.2%, its first annual decline since 2009.
Reuters (Also reports a lot more gloomy numbers.)

Yoy GDP change, %

2018
Q1   4.6
Q2   3.5
Q3   2.9
Q4   1.2

2019
Q1   0.6
Q2   0.4
Q3  -2.8*
Q4  -2.9

*Revised upward from -2.9.