Hong Kong’s embattled leader said on Tuesday that officials would soon roll out a fourth round of relief measures after the city recorded its biggest retail slump on record amid ongoing social unrest, and with the government on course for its first budget deficit in 15 years.“We will target businesses and sectors that are facing difficulties and offer them relief,” Chief Executive Carrie Lam Cheng Yuet-ngor said before her weekly cabinet meeting at the Executive Council.“After the first three…
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South China Morning Post provides Hong Kong economy news including annual budget, MPF pensions, retail and transport.