Hong Kong Offers Its Residents Cash Amid Protests, Coronavirus Fears

Hong Kong Offers Its Residents Cash Amid Protests, Coronavirus Fears

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Interactive Video

Business, Social Studies

University

Hard

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Hong Kong, facing economic challenges from anti-government protests and the coronavirus, plans to boost its economy with a $15.4 billion stimulus package. This includes cash payments to residents, tax breaks, and business assistance. Financial Secretary Paul Chan emphasized the need to alleviate financial burdens and encourage local consumption.

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