ANALYSIS-Battered Hong Kong faces economic recession, existential crisis

As one of the world’s most important trade and business hubs, Hong Kong was always going to struggle this year because of the escalating U.S.-China tariff war. The world’s biggest equity deal this year was to unfold in Hong Kong later this month but has been put on hold. Hong Kong is facing its first recession in a decade, with all its growth pillars under significant stress.

Source: yahoo.com/news