World Bank weighs protest's economic impact

Protests in Hong Kong could hurt the city's economy - as well as thaconomist for Asia said on Monday.

Sudhir Shetty said the bank was closely monitoring events in Hong Kong, where thousands of protesters have paralyzed major streets for more than a week in a tense standoff with the government.

"Obviously we are looking very closely at the situation and following it and looking at its impact," he told reporters in Singapore.