Hong Kong’s Exports Plunge the Most Since Pandemic Began

(Bloomberg) — Hong Kong’s exports contracted the most since the pandemic began in early 2020 as global demand eased and shipments with mainland China were disrupted.

Exports plunged 14.3% last month from a year earlier, the Census and Statistics Department said Monday, the biggest drop since January 2020 and the fourth consecutive month of decline. Economists surveyed by Bloomberg predicted a 9.7% drop.