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Tall order for Paul Chan’s budget: help Hong Kong’s needy, save stricken businesses, revive economy amid Covid-19 pandemic Denise Tsang and Cannix Yau denise.tsang@scmp.com, cannix.yau@scmp.com Hong Kong finance chief Paul Chan has already dropped hints that his hands will be tied by the city’s record budget deficit and shrinking reserves. Illustration: Ka-kuen Lau
In his 70 sq ft cubicle in Cheung Sha Wan, renovation worker Xu Guiquan, 62, struggles with feelings of desperation as he has been mostly out of work since the Covid-19 pandemic hit Hong Kong early last year.