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Coronavirus: Hong Kong still walking an economic tightrope, commerce minister warns

Hong Kong must be ready to endure further economic hardship with no major recovery on the horizon given the raging coronavirus pandemic, commerce minister Edward Yau Tang-wah has told the Post.Any rebound would depend on how the health crisis evolved – if it grew worse, the city risked returning to a standstill, the secretary for commerce and economic development said.“Hong Kong needs to get prepared for things to continue to slip,” Yau said. “We have not yet seen a major recovery. Whether the …

Read the original article at South China Morning Post

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