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@ News - South China Morning Post (RSS Feed)
2025-06-08 08:00:16
Hong Kong’s retail sector is struggling but people will have to adapt: John Lee
Hong Kong’s leader has conceded that the city has a problem with its sluggish retail scene amid a trend of locals spending their holidays across the border, but warned against using it as the sole yardstick in assessing the economy.
Chief Executive John Lee Ka-chiu also called on businesses to “work harder” in light of the market changes and to reform to retain if not grow their slice of the cake.
Hong Kong’s retail sales dropped for a 14th consecutive month in April, falling by 2.3 per cent,...
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https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3313498/yes-hong-kongs-retail-sector-struggling-people-will-have-adapt-john-lee?utm_source=rss_feed