Law and order foundations of HK economy

Speaking on Wednesday, Luo Huining, director of the Liaison Office of the Central People's Government in the Hong Kong Special Administrative Region called on the whole community to cherish their home and end the chaos that has pushed the SAR economy into recession.

Highlighting that it is the months of violence and vandalism in the SAR that is the underlying cause of its economic woes, the Hong Kong Tourism Board reported on Wednesday that the total number of tourist arrivals in the city plummeted by almost 40 percent in the second half of 2019 compared with the same period the year before.

The lack of patrons has seen a growing number of shops and restaurants shuttered, with the business closures resulting in rising unemployment and the consequent financial woes for those who have lost their jobs.