Foreign Executives in Isolated Hong Kong Head for Exit, Sick of Zero-Covid Curbs
Stringent rules to try to keep Hong Kong free of Covid-19 are driving away more foreign executives, chipping away at the city’s decades-old status as one of the world’s top business hubs. Flight bans, lengthy quarantine stays for arrivals and repeated school closures are pushing more people to a breaking point as the pandemic enters its third year and the city clings to a zero-Covid strategy abandoned by nearly all countries save for China. A growing outbreak at a public housing estate has prompted the government to lock down buildings and send more people into quarantine. Executives complain the travel restrictions have prevented them from keeping tabs on operations in other countries or visiting business partners and potential clients, even in mainland China. Meanwhile, there is the ever-present risk of being sent to quarantine if they happen to cross paths with a Covid-19 sufferer in Hong Kong just by visiting a pet store or eating lunch out.
View the full story here: https://www.wsj.com/articles/foreign-executives-in-isolated-hong-kong-head-for-exit-sick-of-zero-covid-curbs-11642950280