Hong Kong on brink of recession as protests hit economy. I speak with Enda Curran, Bloomberg chief Asia economics correspondent in Hong Kong.

The escalating protests in Hong Kong - in addition to fallout from the US China trade war - are likely to take the special administrative region to the brink of recession. 

Hong Kong's economic growth contracted in the most recent quarter and the government has announced a US$2 billion stimulus package to keep consumers and businesses spending. 

With fears rising that China will intervene to break up the protests, Hong Kong businesses are making contingency plans raising the prospect that money could exit the local economy most likely to Asia's other financial hub of Singapore. 

Enda Curran, chief Asia economics correspondent with Bloomberg in Hong Kong , speaks with ABC's Peter Ryan.