Coronavirus could be knockout blow for Hong Kong's once-thriving tourism, retail sectors

South Africa News News

Coronavirus could be knockout blow for Hong Kong's once-thriving tourism, retail sectors
South Africa Latest News,South Africa Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 97%

Tom Bennell's olive oil distribution business took a heavy beating during m...

HONG KONG - Tom Bennell’s olive oil distribution business took a heavy beating during months of pro-democracy protests that emptied Hong Kong hotels and restaurants, his major customers. Now he fears a knockout blow as the city fights the coronavirus.

The coronavirus, which has killed more than 1,700 people across the border in mainland China and one of 60 patients in Hong Kong, has reduced tourist arrivals to a trickle and kept residents away from shops at a time when the city is mired in its first recession in a decade. Hong Kong retail sales have been in free-fall for a year as the economy contracted for three consecutive quarters, dropping 19.4% in December as protesters, angry with Beijing’s perceived tightening grip over the city, clashed with police in shopping malls.

Kwok Wang-hing, who works as a cook at a dim sum restaurant and chairs the Eating Establishment Employees’ General Union, said the restaurant business had dropped 30-50% during the protests, but the coronavirus had raised that to 70-80%.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hong Kong increases funds to tackle coronavirus outbreak to $3.6 billionHong Kong increases funds to tackle coronavirus outbreak to $3.6 billionHong Kong leader Carrie Lam said on Tuesday the government would increase handou...
Read more »

Hong Kong increases funds to tackle coronavirus outbreak to $3.6 billionHong Kong increases funds to tackle coronavirus outbreak to $3.6 billionHong Kong leader Carrie Lam said on Tuesday the government would increase handou...
Read more »

Thieves stole 600 toilet paper rolls in Hong Kong amid fears of coronavirus shortagesThieves stole 600 toilet paper rolls in Hong Kong amid fears of coronavirus shortagesPolice in Hong Kong have arrested two men and are searching for a third after the group stole about 600 rolls of toilet paper, in a robbery likely sparked by coronavirus fears that have gripped the city.
Read more »

Coronavirus could be knockout blow for Hong Kong's once-thriving tourism, retail sectorsCoronavirus could be knockout blow for Hong Kong's once-thriving tourism, retail sectorsTom Bennell's olive oil distribution business took a heavy beating during m...
Read more »

Hong Kong protesters rally against planned virus quarantine centersHong Kong protesters rally against planned virus quarantine centersHundreds of demonstrators rallied for a second day in Hong Kong on Sunday to pro...
Read more »

Hong Kong protesters rally against planned virus quarantine centersHong Kong protesters rally against planned virus quarantine centersHundreds of demonstrators rallied for a second day in Hong Kong on Sunday to pro...
Read more »



Render Time: 2025-03-09 16:43:12