As the coronavirus pandemic decimates economies worldwide, we all need to make sacrifices

Covid-19 has thrown the world economy into turmoil. Hong Kong’s gross domestic product dropped 8.9 per cent on a year on year basis in the first quarter, the largest decline on record. Many businesses are on the verge of bankruptcy because of social isolation and travel restrictions. This includes companies in, for example, the air travel, food and beverage, and even education sectors.Not surprisingly, workers are frustrated and consumers are discontented when many paid activities are cancelled…

Read the original article at South China Morning Post