HK budget goodies seen for labour market, the low-income

Hong Kong

HONG Kong is expected to unveil measures to support low-income families and boost the city's labour market in its annual budget on Wednesday, although an uncertain economic outlook makes bold new initiatives unlikely.

The government has warned that the Chinese-controlled city risks losing its competitive edge and must strive to maintain economic stability after more than two months of pro-democracy protests paralysed parts of the Asian financial centre.