“The long-term damage has already been done to Hong Kong’s viability,” said one senior Western diplomat. “There is an absolute lack of predictability that businesses don’t like.”
December 27, 2021
With China exercising ever-tighter control over Hong Kong, the city is hewing to the country’s strict “zero covid” policy extolled by Beijing as evidence of a superior political system. Yet the approach has largely cut off Hong Kong from both China and the world — a severe blow for a place that built its success on global connections. Even more than recent political changes, the authorities’ refusal to adapt to living with the virus is eroding Hong Kong’s viability as an international city, according to almost two dozen diplomats, chambers of commerce, recruiters, pilots and other expatriates, the Washington Post reports.
The resultant brain drain is altering the face of the financial hub, which some Western companies now consider a hardship post, as fewer people are willing to take the places of those leaving. The number of overseas professionals and investors admitted to Hong Kong under its general employment program dropped from about
41,000 in 2019 to
15,000 last year and 10,000 through the third quarter of 2021, immigration data shows. With quarantine rules unlikely to be lifted within the next year, departures of foreign businesspeople and other expatriates are set to accelerate.
Authorities have defended the approach, insisting on the need to keep the virus out — a goal health experts say is unsustainable — as they prioritize reopening to mainland China. The strict measures already included collecting stool samples from young children in hotel quarantine. This month, the omicron variant’s spread led Hong Kong to further tighten rules, lengthening quarantines for most arrivals and threatening holiday travel plans with sudden flight bans for airlines that unwittingly bring in even a few infected passengers.
In a survey released this month, the British Chamber of Commerce found that 70 percent of respondents hoping to add staff in Hong Kong had encountered difficulties, with many citing quarantine restrictions.
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