In contrast, the rival financial hub of Singapore has eased its coronavirus curbs including border controls.
Only about 70% of people in Hong Kong have been double-vaccinated compared with 91% of Singapore’s eligible population.The chamber outlined other scenarios of “average likelihood” including the possibility of an uncontrolled outbreak in the mainland leading to Hong Kong sealing its boundary with China and reopening with the rest of the world.
Another scenario was an uncontrolled outbreak in Hong Kong, which would make any additional restrictions meaningless. This could cause up to 20,000 deaths among the elderly. The chamber made recommendations to the government including accelerating vaccinations and shortening quarantine from 21 days to 7 to 14 days, which would please the international business community.
Foreign businesses should assume that Hong Kong would very likely be “semi-closed for international travel in the coming 12-36 months.” Talent, and holding on to it, would be “a precious commodity,” it said.
HK (Chinese) government doesn't mind how many foreigners / expats leave. It's the perfect opportunity for the mainland to move in.
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