According to a survey conducted among Hong Kong adults in May 2020, 71 percent of respondents said that they were worried or very worried about an economic recession in Hong Kong. The purchasing managers index of Hong Kong 2020 dropped significantly, which indicated a serious plunge in economic activity.
Share of people who were concerned about an economic recession after the COVID-19 pandemic in Hong Kong as of May 2020
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Hong Kong Institute of Asia-Pacific Studies. (July 8, 2020). Share of people who were concerned about an economic recession after the COVID-19 pandemic in Hong Kong as of May 2020 [Graph]. In Statista. Retrieved January 23, 2025, from https://www.statista.com/statistics/1133398/hong-kong-concerns-about-economic-recession/?__sso_cookie_checker=failed
Hong Kong Institute of Asia-Pacific Studies. "Share of people who were concerned about an economic recession after the COVID-19 pandemic in Hong Kong as of May 2020." Chart. July 8, 2020. Statista. Accessed January 23, 2025. https://www.statista.com/statistics/1133398/hong-kong-concerns-about-economic-recession/?__sso_cookie_checker=failed
Hong Kong Institute of Asia-Pacific Studies. (2020). Share of people who were concerned about an economic recession after the COVID-19 pandemic in Hong Kong as of May 2020. Statista. Statista Inc.. Accessed: January 23, 2025. https://www.statista.com/statistics/1133398/hong-kong-concerns-about-economic-recession/?__sso_cookie_checker=failed
Hong Kong Institute of Asia-Pacific Studies. "Share of People Who Were Concerned about An Economic Recession after The Covid-19 Pandemic in Hong Kong as of May 2020." Statista, Statista Inc., 8 Jul 2020, https://www.statista.com/statistics/1133398/hong-kong-concerns-about-economic-recession/?__sso_cookie_checker=failed
Hong Kong Institute of Asia-Pacific Studies, Share of people who were concerned about an economic recession after the COVID-19 pandemic in Hong Kong as of May 2020 Statista, https://www.statista.com/statistics/1133398/hong-kong-concerns-about-economic-recession/?__sso_cookie_checker=failed (last visited January 23, 2025)
Share of people who were concerned about an economic recession after the COVID-19 pandemic in Hong Kong as of May 2020 [Graph], Hong Kong Institute of Asia-Pacific Studies, July 8, 2020. [Online]. Available: https://www.statista.com/statistics/1133398/hong-kong-concerns-about-economic-recession/?__sso_cookie_checker=failed