Hong Kong unveils $17.7 billion in relief measures to help cushion impact of coronavirus

HONG KONG (Reuters) - Hong Kong announced relief measures totalling HK$137.5 billion ($17.7 billion) on Wednesday as it joins global efforts to offset the impact of coronavirus, which has taken a heavy toll on the city, in particular its tourism and retail sectors. The government said as part of those measures it was allocating HK$80 billion to help companies struggling with the impact of the disease to pay worker salaries.