Hong Kong - Hong Kong has fallen into recession after recording a second consecutive quarter of contracting economic growth between July and September, according to government figures Friday.
The rate of gross domestic product growth in the city of 6.9 million fell from 4.2 per cent between April and June to 1.7 per cent in the third quarter compared to the same quarters last year.
The figure represented a 0.5 per cent contraction in growth from the previous quarter, the second consecutive quarterly contraction, meaning Hong Kong is now in a technical recession.