Hong Kong GDP Forecast Downgraded to Zero at DBS

The video discusses the economic challenges faced by Hong Kong due to ongoing protests and the China-US trade war. It highlights the slowdown in GDP growth, weakened consumer confidence, and declining retail sales. The depreciation of the Chinese yuan further impacts luxury goods sales and tourism. The video also explores the potential long-term effects on Hong Kong's economy if the situation remains unresolved.

In what ways has the depreciation of the Chinese yuan affected tourism in Hong Kong?

What are the expected long-term impacts on Hong Kong's economy if the current situation persists?