HONG KONG (Reuters) - Hong Kong’s embattled leader Carrie Lam on Tuesday pledged HK$10 billion ($1.3 billion) in new relief measures to prop up an economy as it grapple with months of anti-government protests that have hurt business confidence in the city.
The proposed new spending brings the global financial hub’s total stimulus to HK$35 billion since this summer, when protests escalated and have since taken a heavy economic toll, especially in the tourism and retail sectors.
