{"id":41398,"date":"2019-10-31T15:23:10","date_gmt":"2019-10-31T15:23:10","guid":{"rendered":"https:\/\/qatar-news.org\/qatarnewsEn\/?p=41398"},"modified":"2019-10-31T15:23:10","modified_gmt":"2019-10-31T15:23:10","slug":"hong-kong-has-fallen-into-a-recession","status":"publish","type":"post","link":"https:\/\/qatar-news.org\/qatarnewsEn\/?p=41398","title":{"rendered":"Hong Kong has fallen into a recession"},"content":{"rendered":"<p class=\"zn-body__paragraph speakable\"><cite class=\"el-editorial-source\">Hong Kong  (CNN Business)<\/cite>Months of <a href=\"https:\/\/www.cnn.com\/2019\/10\/07\/asia\/hong-kong-protests-pla-intl-hnk\/index.html\" target=\"_blank\">protests in Hong Kong<\/a> that forced shops to close, <a href=\"https:\/\/edition.cnn.com\/2019\/08\/12\/business\/hong-kong-business-airport-closure\/index.html\" target=\"_blank\">paralyzed public transportation<\/a> and scared off tourists have left the city&#8217;s economy in worse shape than feared. <\/p>\n<div class=\"zn-body__paragraph speakable\">Hong Kong plunged into recession in the third quarter, according to official data released Thursday. The economy shrank 3.2% during the three months to September, compared to the previous quarter. That&#8217;s a sharp slowdown from the 0.5% contraction recorded in the second quarter, and much worse than economists had expected. <\/div>\n<div class=\"zn-body__paragraph speakable\">With no immediate resolution to the city&#8217;s political crisis on the cards, Hong Kong&#8217;s first recession in a decade could extend into the new year. Compared to the previous year, the economy shrank 2.9% in the third quarter.<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Hong Kong (CNN Business)Months of protests in Hong Kong that forced shops to close, paralyzed public transportation and scared off tourists have left the city&#8217;s economy in worse shape than feared. Hong Kong plunged into recession in the third quarter, according to official data released Thursday. The economy shrank 3.2% during the three months to&hellip;<\/p>\n","protected":false},"author":10,"featured_media":41399,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-41398","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world_news"],"_links":{"self":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts\/41398","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41398"}],"version-history":[{"count":0,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts\/41398\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/media\/41399"}],"wp:attachment":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41398"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}