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International Corporate Rescue

Journal Issues

  • Vol 1 (2004)
  • Vol 2 (2005)
  • Vol 3 (2006)
  • Vol 4 (2007)
  • Vol 5 (2008)
  • Vol 6 (2009)
  • Vol 7 (2010)
  • Vol 8 (2011)
  • Vol 9 (2012)
  • Vol 10 (2013)
  • Vol 11 (2014)
  • Vol 12 (2015)
  • Vol 13 (2016)
  • Vol 14 (2017)
  • Vol 15 (2018)
  • Vol 16 (2019)
  • Vol 17 (2020)
  •         Issue 1
  •         Issue 2
  •         Issue 3
  •         Issue 4
  •         Issue 5
  •         Issue 6
  • Vol 18 (2021)

Vol 17 (2020) - Issue 5

Article preview

Hong Kong’s Economic Challenges and Renewed Interest in a Corporate Rescue Scheme

Dr Angus Young, Senior Lecturer, Hong Kong Baptist University, Hong Kong

Hong Kong recorded the first recession in the July to September period of 2019. This was the first for the territory in a decade. The US-China trade war that began in 2018 took a toll on Hong Kong's exports a year later. Adding to this, heightened political tensions and social unrest with large scale protests prompted by the introduction of the extradition bill earlier last year, Hong Kong's economy had suffered from considerable contraction. Then with the outbreak of COVID-19 around February this year a further plummet in tourist numbers and in the following months the introduction of border controls compounded to the territory's economic woes.

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International Corporate Rescue

"International Corporate Rescue is truly unique in its reach as a global publication that gives in-depth commentary and analysis of the corporate restructuring and insolvency world against the backdrop of ever changing economic, policy and political parameters."

Kathleen Stephansen, Huawei Technologies USA, New York

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