Hong Kong economy shrinks 4% under anti-virus controls

HONG KONG (AP) — Hong Kong’s economy shrank by 4% compared with a year earlier in the quarter ending in March after the Chinese territory shut restaurants and other businesses to fight a spike in coronavirus infections. Government data showed growth plunged from the previous quarter’s 4% expansion. Hong Kong closed amusement parks and imposed curbs on restaurants and other businesses in response to an outbreak that infected 1.2 million of its 7.4 million people. The government eased restrictions in late April after the outbreak appeared to fade and ended a 2-year-old ban on non-resident visitors flying into the territory. But Hong Kong faces pressure due to weak global trade and a lack of visitors from China’s mainland.