Strict quarantine rules threaten Hong Kong’s standing as finance hub, chamber warns

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European Chamber of Commerce in Hong Kong recommends a clear exit strategy to the pandemic that will “restore confidence”

A major business group has issued an unprecedented open letter warning Hong Kong’s leader that her strict quarantine rules leave residents trapped in the city, threatening its standing as a global finance hub.

The business group called on Hong Kong, which has been pursuing a “Covid Zero” strategy of stamping out all local cases, to create and communicate a clear exit plan for the pandemic that focuses on vaccinations, getting the local economy back to normal and reconnecting with the world. Hong Kong has been successful in keeping Covid-19 cases and deaths low with a mix of strict requirements for returning residents. The rules include mandatory quarantine hotel stays of as long as 21 days, as well as rigid testing and isolation policies that require infected people to be hospitalised and most close contacts sent to quarantine facilities. Most visitors, whether for business or tourism, aren’t allowed.

The backtrack has come amid rising frustration in a city that is dealing with some of the world’s strictest travel rules and a gradual political tightening under a China-imposed national security law. The American Chamber of Commerce in Hong Kong said 42% of respondents in a May survey were considering or planning on moving out of Hong Kong, with people citing both the security legislation and coronavirus-related travel rules.

 

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