Hong Kongers have been warned to prepare for six months of pain, as the economic impacts of the coronavirus pandemic worsen.
The city has reported more than cases of Covid – 39, with a mother and her six-week-old baby among recent cases .
Hong Kong’s early response to the virus outbreak in neighborhood mainland China meant that it was spared an epidemic of its own, but as thousands of People returned home in recent months the daily rate of infection has risen dramatically and Hong Kong is now under harsher restrictions than ever. Gatherings of more than four people have been banned since late March, but authorities are warning of further lockdowns and closures of non-essential services.
A woman wearing a face mask walks through a clothes market in Hong Kong on 5 April, : Photograph: Dale de la Rey / AFP via Getty Images ()
Hong Kong’s economy was already suffering after more than six months of protests when the virus outbreak began. Last month it reported the highest unemployment figures in three years, with predictions it would get worse. Financial Secretary Paul Chan said on Sunday that while sectors like tourism and retail initially bore the brunt of the outbreak’s economic impact, it had now spread to “almost all industries”. He said the government was preparing more comprehensive support measures, but did detail what they were.
Writing in his blog, Chan said this meant that bail-out measures must shift focus from assisting individual industries, and become oriented to all enterprises. The main financial pressures across the board were salaries, rent, and decline in business, he said, adding that the government was working on its funding program but landlords “should actively respond to the community’s strong demand for rent reduction”.
He said the outlook was “still very uncertain”, and it was appropriate to prepare for an economic situation which might not be reversed for at least six months .
American Airlines Group Inc said late Sunday it would suspend more flights in and out of New York City’s three main airports for about a month, joining other airlines that have cut flights to the area following a spike in coronavirus cases, Reuters reports.
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