Hong Kong Tourism Q2 2020
The Special Administrative Region (SAR) of Hong Kong is set to witness an unprecedented crisis as it grapples with theCovid-19 (coronavirus) outbreak amidst widespread social upheaval. The viral epidemic has effectively quarantined mainland Chinaand Hong Kong, while the constant escalation in the level of civic violence has paralysed various economic verticals including retail,tourism and logistics. We expect the tourism industry to face stifling headwinds as both these factors exact their crippling tolls overthe course of 2020 in an already beleaguered economy.
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