Hong Kong's waning economic resilience

With banks scaling back, fears grow that regional economic powerhouse might slide into recession.

    Asia's economies have so far managed to escape the economic crisis in Europe and the US. 

    But that resilience seems to be waning as fears grow that Hong Kong - a regional economic powerhouse - could slide into recession.

    As Al Jazeera’s Rob Mcbride reports from Hong Kong, the banks especially have been scaling back, even the ones that managed to ride out the financial tsunami.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    'We were forced out by the government soldiers'

    'We were forced out by the government soldiers'

    We dialled more than 35,000 random phone numbers to paint an accurate picture of displacement across South Sudan.

    Interactive: Plundering Cambodia's forests

    Interactive: Plundering Cambodia's forests

    Meet the man on a mission to take down Cambodia's timber tycoons and expose a rampant illegal cross-border trade.

    Pakistan's tribal areas: 'Neither faith nor union found'

    Pakistan's tribal areas: 'Neither faith nor union found'

    Residents of long-neglected northwestern tribal belt say incorporation into Pakistan has left them in a vacuum.