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Economic impact of the SARS crisis (13 Apr 2003)


Discusses the extent of effect of the severe acute respiratory syndrome (SARS) outbreak on Hong Kong economy and what government can do to relieve the current hardship without affecting the budget deficit. Although both Eden Woon Yi-teng (Chief Executive, Hong Kong General Chamber of Commerce) and Leonard Cheng Kwok-hon (Head, Department of Economics, Hong Kong University of Science and Technology) reckon the SARS epidemic has profound impact on the economy, they see this as short-term problem. The General Chamber of Commerce has asked members for advice to give the government on how to deal with the depressed economic times. Impact on Guangdong's position as a production platform is also discussed.

Publish Date: 
Sunday, April 13, 2003
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