Fresh Virus Wave Worsens Hong Kong’s Already Disastrous Outlook

  • After brief signs of recovery, financial hub under more strain
  • Uncertainty amid national security law further clouds economy
A salesperson hangs an “I Love Hong Kong” T-shirt inside a Goods of Desire store in Hong Kong on July 23.Photographer: Chan Long Hei/Bloomberg
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Hong Kong’s economy just can’t catch a break.

Having briefly shown signs of recovery in recent months from its deepest recession on record, the Asian financial hub is bracing for its stiffest test yet as a resurgent virus combines with an increasingly uncertain political and financial outlook.