China-HK Economy/Deficit
FILE: Hong Kong, China - Date Unknown (CCTV - No access Chinese mainland)
1. Aerial shots of skyscrapers
FILE: Hong Kong, China - Aug 8, 2019 (CCTV - No access Chinese mainland)
2. Various of Chinese national flag, Hong Kong Special Administrative Region (HKSAR) flag
FILE: Hong Kong, China - Date Unknown (CGTN - No access Chinese mainland)
3. Various of traffic, pedestrians, buildings
FILE: Hong Kong, China - Oct 8, 2019 (CGTN - No access Chinese mainland)
4. Shops along road, traffic on road
5. Various of board showing discounts of store, shopping mall
FILE: Hong Kong, China - July 24, 2019 (CGTN - No access Chinese mainland)
6. Various of shops, pedestrians
7. Various of buses
Hong Kong, China - Recent (CGTN - No access Chinese mainland)
8. Pedestrians
9. Bus
10. Clocks
FILE: Hong Kong, China - Sept 6, 2019 (CCTV - No access Chinese mainland)
11. Various of cityscape, buildings
FILE: Hong Kong, China - Date Unknown (CCTV - No access Chinese mainland)
12. Various of buildings along Victoria Harbor
Hong Kong's financial chief warned a possible budget deficit in this fiscal year when reporting the economic outlook to lawmakers at the Legislative Council of Hong Kong's financial affairs panel on Monday.
Paul Chan Mo-po, financial secretary of the government of the Hong Kong Special Administrative Region, said the budget deficit will be the first in 15 years, explaining that the chaos in Hong Kong has hurt local economic growth by about two percentage points this year.
Chan blamed the situation on global trade frictions and an economic slowdown. Meanwhile, the protests are also said to have had an adverse impact on the city's tourism, retail and food sectors.
Recent government data shows that Hong Kong sank into recession in the third quarter of this year for the first time in a decade.
China-HK Economy/Deficit
Dateline : Dec 2, 2019/Recent/File
Location : Hong Kong,China
Duration : 1'03
FILE: Hong Kong, China - Date Unknown (CCTV - No access Chinese mainland)
1. Aerial shots of skyscrapers
FILE: Hong Kong, China - Aug 8, 2019 (CCTV - No access Chinese mainland)
2. Various of Chinese national flag, Hong Kong Special Administrative Region (HKSAR) flag
FILE: Hong Kong, China - Date Unknown (CGTN - No access Chinese mainland)
3. Various of traffic, pedestrians, buildings
FILE: Hong Kong, China - Oct 8, 2019 (CGTN - No access Chinese mainland)
4. Shops along road, traffic on road
5. Various of board showing discounts of store, shopping mall
FILE: Hong Kong, China - July 24, 2019 (CGTN - No access Chinese mainland)
6. Various of shops, pedestrians
7. Various of buses
Hong Kong, China - Recent (CGTN - No access Chinese mainland)
8. Pedestrians
9. Bus
10. Clocks
FILE: Hong Kong, China - Sept 6, 2019 (CCTV - No access Chinese mainland)
11. Various of cityscape, buildings
FILE: Hong Kong, China - Date Unknown (CCTV - No access Chinese mainland)
12. Various of buildings along Victoria Harbor
Hong Kong's financial chief warned a possible budget deficit in this fiscal year when reporting the economic outlook to lawmakers at the Legislative Council of Hong Kong's financial affairs panel on Monday.
Paul Chan Mo-po, financial secretary of the government of the Hong Kong Special Administrative Region, said the budget deficit will be the first in 15 years, explaining that the chaos in Hong Kong has hurt local economic growth by about two percentage points this year.
Chan blamed the situation on global trade frictions and an economic slowdown. Meanwhile, the protests are also said to have had an adverse impact on the city's tourism, retail and food sectors.
Recent government data shows that Hong Kong sank into recession in the third quarter of this year for the first time in a decade.
ID : 8128819
Published : 2019-12-02 17:10
Last Modified : 2019-12-02 18:18:00
Source : China Central Television (CCTV),China Global Television Network (CGTN)
Restrictions : No access Chinese mainland
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