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Hong Kong cannot afford a ‘lost generation’ created by economic hardship
Covid-19 has dominated headlines across the globe for months. The soaring death toll and infection tally have dampened economic activities and thrown the world into a panic.Hong Kong is also bearing the brunt, given its huge reliance on tourism and financial services, and already reeling from a recession. The unemployment rate has rocketed to a 10-year high of 5.2 per cent. Despite the government’s hefty relief package for businesses, some vulnerable groups will still miss out – especially…
Read the original article at South China Morning Post