Small businesses in Hong Kong are hurting, bankers are sitting idle and families are struggling with school closures and other containment efforts. Listen to Breakingviews latest Viewsroom podcast from the Asian financial hub here:
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Hong Kong plans handouts, tax cuts to counter economic woesHong Kong's government is proposing a nearly $1,300 cash handout for each resident over 18 years old to help alleviate hardships brought on by the spreading viral outbreak and prolonged political protests
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Hong Kong, Hit by Coronavirus and Protests, to Hand Out Billions of Dollars in CashThe city’s government said it would dole out $15.4 billion in payouts and other stimulus in its annual budget in an attempt to resuscitate an economy reeling from the coronavirus epidemic and months of antigovernment protests.
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Hong Kong is giving 7 million people $1,200 in cash to boost its recession-hit economyThe Hong Kong government has unveiled a major relief package to shore up its flagging economy.
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Chinese court jails Hong Kong bookseller for 10 years, Sweden objectsA Chinese court sentenced Gui Minhai, a Hong Kong bookseller, to ten years in prison for illegally providing intelligence overseas
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Hong Kong Bookseller Sentenced By China To 10 Years For Passing 'Intelligence'A Hong Kong bookseller who published critical volumes about Chinese leaders was kidnapped by Chinese agents while vacationing in Thailand in 2015. Now, he's been sentenced to 10 years in prison for providing intelligence to people overseas.
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Hong Kong extends school closures in attempt to contain coronavirus outbreakHong Kong has announced that all classes in schools will be further suspended until at least April 19 to prevent the spread of the novel coronavirus.
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