Stark Contrast! Loyalty to CCP Sinks Hong Kong’s Economy! Rejecting CCP, Taiwan’s Economy Soars

In 2023, the number of personal bankruptcy filings in Hong Kong reached a three-year high, and the number of compulsory company liquidation applications reached the highest point in 14 years. There were 7,860 personal bankruptcy filings last year, a 13.6% increase compared to the previous year, and the highest since the 8,693 filings in 2020 following the outbreak of the COVID-19 pandemic. As for compulsory company liquidation applications, there were 566 recorded for the full year, a 18% increase from the previous year and the highest since 2009 when there were 759. Hong Kong's stock market has been stagnant for five consecutive years, and container throughput at its ports hit its lowest point since 1996. With a poor economy and a declining stock market, the assets of countless families have been wiped out.
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Видео Stark Contrast! Loyalty to CCP Sinks Hong Kong’s Economy! Rejecting CCP, Taiwan’s Economy Soars канала China Observer