ECONOMIC NEWS
Hong Kong leader Carrie Lam says protests have hit business like a ‘tsunami’ By Reuters
HONG KONG (Reuters) – Embattled Hong Kong leader Carrie Lam said on Friday the business community was very worried about the long-term consequences of protests in the Asian financial hub.
Lam was flanked by business leaders as she told the media that downward economic pressure had hit like a “tsunami”.
The city has been embroiled in a political crisis throughout the summer, with anti-government street protests turning increasingly violent.
Retail sales and tourism numbers took a knock in June.
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