May 29, 2022
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Hong Kong leader says city’s brain drain ‘unarguable’

Hong Kong leader says city’s brain drain ‘unarguable’

HONG KONG — Hong Kong leader Carrie Lam stated it was “unarguable” that the worldwide monetary hub was seeing a brain drain as a result of stringent coronavirus guidelines, however stated she valued the city’s worldwide standing and envisioned a “better development” after the pandemic.

Ms. Lam’s feedback come amid a backlash from companies and residents who see the remainder of the world shifting to dwelling with the virus whereas Hong Kong formally sticks to a “dynamic zero” COVID-19 technique which seeks to curb all outbreaks as quickly as they happen.

Ms. Lam stated nobody valued the worldwide standing of Hong Kong greater than herself, however the authorities needed to undertake anti-pandemic measures to guard residents.

“These measures have certain influence on corporates and individuals, although we don’t have a figure…it’s an unarguable fact that we have a brain drain and some senior management of some corporates have left Hong Kong,” she informed a each day information briefing on Wednesday.

“The most important thing is Hong Kong keeps its advantages. I believe after the pandemic, Hong Kong can have a better development.”

Ms. Lam stated “streamlining” sure measures, together with lifting a ban on flights from 9 international locations and lowering quarantine for arrivals from overseas, would assist ease issues in regards to the city’s worldwide standing.

Firstly of this 12 months, Hong Kong carried out its most draconian measures because the pandemic started over two years in the past, irritating many residents who’ve been largely compliant with varied COVID laws within the hope of resuming journey internationally and with the mainland.

Hong Kong’s border has successfully been shut since 2020 with few flights in a position to land and hardly any passengers allowed to transit, isolating a metropolis that had constructed a fame as a world monetary and journey hub.

Ms. Lam’s feedback come simply weeks earlier than town is because of maintain an election on Might 8 to decide on who will lead the territory for the following 5 years.

She declined to touch upon whether or not she’s going to run for a brand new time period.

The principles, along with combined messaging from the federal government together with whether or not a citywide lockdown and mass testing would happen, have triggered an exodus of residents up to now two months.

The previous British colony has reported greater than 1.1 million coronavirus infections and greater than 7,500 deaths, most of them occurring up to now 5 weeks. — Reuters

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