(Bloomberg) — Fitch Ratings Ltd. slashed its economic growth forecast for Hong Kong after the city imposed tough social distancing rules to curb the spread of Covid-19.

The ratings company halved its estimate for gross domestic product growth for this year to 1.5% from 3.0%, making the Hong Kong economy one of the worst performers globally.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.