HK leader says protests have hit business like a ‘tsunami’

Saturday, 10 August 2019 00:00 - - {{hitsCtrl.values.hits}}

HONG KONG (Reuters): Embattled Hong Kong leader Carrie Lam said on Friday the business community was very worried about the long-term consequences of protests in the Asian financial hub.

Hong Kong Chief Executive Carrie Lam speaks during a news conference in Hong Kong, China 9 August – Reuters

Lam was flanked by business leaders as she told the media that downward economic pressure had hit like a ‘tsunami’.

The city has been embroiled in a political crisis throughout the summer, with anti-government street protests turning increasingly violent.

Retail sales and tourism numbers took a knock in June.