Protest starting to weigh on Hong Kong's economy

Concern raised over HK's status as a global financial hub

[LONDON] The "umbrella revolution" is starting to weigh on Hong Kong's domestic economy as protests escalate but the real concern is over the city's status as an international financial hub.

Transport has been disrupted, banks have shut and business trips have been cancelled in a region of seven million people with an economy as big as Chile, Egypt or the Philippines.

If the protests continue, "tourism and retail, which together account for around 10 per cent of the territory's GDP (gross domestic...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to