The amendments to the Fugitive Offenders Ordinance have triggered a series of demonstrations
The economic situation in Hong Kong has continued to be affected. The Financial Secretary, Mr Chan Mao, has shaken that the economy of Hong Kong has gradually deteriorated from “No. 3” to “economic typhoon”, with the trade friction between China and the United States. The temperature rise and the overall unemployment rate in Hong Kong have risen to 2.9%. Some industries that are in a particularly “wind” position have already felt quite painful. They also refer to the experience of Hong Kong in the past several years of economic crisis and the unemployment rate has deteriorated. The speed can be much faster than people expected. The Secretary for Financial Services and the Treasury, Mr Lau Yi-yiu, also pointed out that there are local large chain retail outlets which are planning to complete four leases at Nathan Road after the expiration of the lease.
With the political disputes of the past two months, the negative impact of the local economy has emerged
Chen Maobo said in the blog yesterday that the number of visitors to Hong Kong fell to nearly 50% in August. There are hotels and restaurants that have asked employees to take unpaid leave. The retail and catering industry surveys all indicate that the income in recent months has recorded a large The double-digit decline, worrying about the current situation will lead to layoffs.
Chen Maobo urged to replace the fist with dialogue
He continued that Hong Kong’s continuing disputes over the past two months have had a negative impact on the local economy. The impact will be deeper and wider, and more people will be affected by the “rice bowl”. I hope that everyone will “slow down the clock” first, let the community calm down first, replace the conflict with negotiation, “replace the fist with dialogue”, preserve the common homeland of Hong Kong, and avoid the involvement of more citizens in their jobs and lives.
Liu Yixiang also published a blog saying that a major local retail chain owner told him that he intends to end four stores on Nathan Road after the expiration of the lease, which is considered to be worrying. What is even more worrying is the layoffs that come with the completion of the business. Liu said that social disputes have caused Hong Kong’s “house leaks to fall through the night”. If Hong Kong’s social, economic and people’s livelihood construction continues to be undermined, international investors will lose confidence in Hong Kong and cause long-term harm to Hong Kong. See and opposite emotions, return to rationality, and work together to cope with the economic downturn.
The Hong Kong Government will meet with representatives of the financial sector
The government has recently proposed to build a communication platform. The work of Liu Zhi has been launched. Although the specific operation mode of the platform has yet to be determined, it is hoped that all parties can set up a sincere dialogue without a predecessor to find a way out for Hong Kong’s difficulties. In the future, the Hong Kong Government will arrange a series of roundtable meetings to meet with representatives of other sectors of the financial industry. He described that communication, listening and acting are the best way to solve the current problems in Hong Kong. I hope that all sectors of the community will work hard to gradually restore Hong Kong.