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As Banks Get Fed Up, Hong Kong Reviews Covid Policies


Rising frustration from the public and financial institutions is driving a review of pandemic control measures in Hong Kong, where a suite of stark containment measures have been in place since January to fight the city’s worst-ever Covid-19 outbreak. Chief Executive Carrie Lam pointed to the strain on residents and damage to the reputation of the once vibrant Asian financial hub for the review, asking for a few more days before she unveils what could be sweeping changes to the city’s approach next week. “I have a very strong feeling that people’s tolerance is fading,” Lam told reporters at a briefing on Thursday. “I have a very good feeling that some of our financial institutions are losing patience about this isolated status of Hong Kong,” she said. “Nobody attaches as much importance as myself to Hong Kong’s international status.”

Bloomberg - March 17, 2022

View the full story here: https://www.bloomberg.com/news/articles/2022-03-17/as-banks-get-fed-up-lam-reviews-hong-kong-s-covid-policies