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Hong Kong set to see largest drop in exports since 2009 financial crisis

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Hong Kong’s exports are set to suffer the steepest drop in a decade due to the prolonged trade war between China and the United States.

The city’s exports are expected to shrink 4 per cent by value, the worst performance since 2009 when they tumbled 12.6 per cent during the global financial crisis, said the Hong Kong Trade Development Council on Monday. That marked a sharp downgrading from its previous estimate of  2 . . .

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