Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace

The GM strike marches on

Sep 20, 2019

Latest Episodes

Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
Download
HTML Embed
HTML EMBED
Click to Copy
This Is Uncomfortable
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy
Marketplace Morning Report
Download
HTML Embed
HTML EMBED
Click to Copy

Protests rock Hong Kong and its economy

Meghan McCarty Carino Jul 30, 2019
Share Now on:
HTML EMBED:
COPY
Protesters are enveloped by tear gas on a street during a demonstration in the area of Sheung Wan on July 28 in Hong Kong.
Billy H.C. Kwok/Getty Images

Hong Kong releases its quarterly economic growth data Wednesday as officials worry that ongoing mass political protests are starting to take an economic toll. 

The violence continued last weekend, with police firing tear gas and rubber bullets into the crowd as the demonstrations stretched into their eighth week.

Protests began in June over a law that would have eased extradition to mainland China. They have since broadened into a pro-democracy movement that sees hundreds of thousands take to the streets, often shutting down business districts.

The city’s retail association reports sales have dropped by double digits at many stores, with luxury retailers hard hit as big-spending travelers stay away. Flights from Asia have dropped 5% since the protests began in June, according to researcher ForwardKeys.

“The public image of Hong Kong as a safe and stable place is kind of shattered,” said Ho-Fung Hung, a political economist at Johns Hopkins University.

He said Hong Kong’s status as a semi-autonomous territory with its own legal system has been a selling point for international business firms wary of working in China. But if the protests draw intervention from the mainland, that could scare investors away.

If you’re a member of your local public radio station, we thank you — because your support helps those stations keep programs like Marketplace on the air.  But for Marketplace to continue to grow, we need additional investment from those who care most about what we do: superfans like you.

Your donation — as little as $5 — helps us create more content that matters to you and your community, and to reach more people where they are – whether that’s radio, podcasts or online.

When you contribute directly to Marketplace, you become a partner in that mission: someone who understands that when we all get smarter, everybody wins.