(C) ProPublica.
This unaltered story was originally published at ProPublica.org. [1]
Licensed under creative commons by-nc-nd/3.0 [2]
Hong Kong is clinging to ‘zero covid’ and extreme quarantine. Talent is leaving in droves.
Author Name, ProPublica
2021-12-27 00:00:00
The resultant brain drain is altering the face of the financial hub, which some Western companies now consider a hardship post, as fewer people are willing to take the places of those leaving. The number of overseas professionals and investors admitted to Hong Kong under its general employment program dropped from about 41,000 in 2019 to 15,000 last year and 10,000 through the third quarter of 2021, immigration data shows. With quarantine rules unlikely to be lifted within the next year, departures of foreign businesspeople and other expatriates are set to accelerate.
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[1] URL:
https://www.washingtonpost.com/world/2021/12/27/covid-hong-kong-quarantine-omicron/
[2] URL:
https://creativecommons.org/licenses/by-nc-nd/3.0/us/
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https://www.propublica.org/steal-our-stories
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