President Trump has linked the ongoing trade talks with China to the humane resolution of protests shaking Hong Kong
The disruption and chaos have plunged the stock market in Hong Kong — an Asian financial hub — to a seven-month low, adding to the pressures on both Hong Kong and China's economies.
The territory could be pushed into a recession, research firm Capital Economics has warned, with a growing risk of"an even worse outcome if a further escalation triggers capital flight." On Thursday, Hong Kong's government announced a $2.44 billion package to prop up the economy, amid fears of lower growth rates. The Chinese Securities Association of Hong Kong also said the city's reputation would be seriously damaged if the unrest did not stop soon.
The former British colony became a special administrative region of China in 1997. Unlike those living in mainland China, the territory's 7 million residents can freely surf the internet and participate in public protests. Protests have become increasingly violent, with clashes breaking out on the streets and most recently, at the
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