{"id":10637,"date":"2019-11-01T00:50:10","date_gmt":"2019-10-31T15:50:10","guid":{"rendered":"https:\/\/www.theguardian.com\/world\/2019\/oct\/31\/hong-kong-plunges-into-deep-recession"},"modified":"2019-11-01T00:50:10","modified_gmt":"2019-10-31T15:50:10","slug":"hong-kong-plunges-into-deep-recession","status":"publish","type":"post","link":"https:\/\/eastasianews.net\/wp\/?p=10637","title":{"rendered":"Hong Kong plunges into deep recession"},"content":{"rendered":"<p>3.2% quarterly fall rivals the worst three-month slide during the 2008 financial crisis <\/p>\n<p>Hong Kong has plunged into deep recession after its economy was hit by a double whammy of <a href=\"https:\/\/www.theguardian.com\/world\/hong-kong+protest\">violent street protests <\/a>and the US-China trade war.<\/p>\n<p><a href=\"https:\/\/www.theguardian.com\/business\/live\/2019\/oct\/31\/chinese-factories-shrink-eurozone-gdp-germany-italy-pound-business-live\">Activity contracted by 3.2%<\/a> in the three months to September as a loss of exports was compounded by a collapse in consumer spending and a loss of revenue from tourists.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/world\/2019\/oct\/31\/hong-kong-plunges-into-deep-recession\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>3.2% quarterly fall rivals the worst three-month slide during the 2008 financial crisis Hong Kong has plunged into deep recession after its economy was hit by a double whammy of violent street protests and the US-China trade war.Activity contracted by &#8230;<\/p>\n","protected":false},"author":647,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"sns_share_botton_hide":"","vkExUnit_sns_title":"","_vk_print_noindex":"","sitemap_hide":"","_veu_custom_css":"","veu_display_promotion_alert":"","vkexunit_cta_each_option":"","footnotes":""},"categories":[41,291,6,50,437,294,48,42],"tags":[],"class_list":["post-10637","post","type-post","status-publish","format-standard","hentry","category-asia-pacific","category-banking","category-business","category-china","category-economics","category-financial-sector","category-hong-kong","category-world-news"],"aioseo_notices":[],"veu_head_title_object":{"title":"","add_site_title":""},"_links":{"self":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/10637","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/users\/647"}],"replies":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10637"}],"version-history":[{"count":1,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/10637\/revisions"}],"predecessor-version":[{"id":10638,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/10637\/revisions\/10638"}],"wp:attachment":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10637"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10637"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10637"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}