Prognosis
Hong Kong Rejects Plea From Global Banks to Scrap Zero-Covid
- Government said will continue to liaise with finance industry
- City’s primary goal is to open travel with mainland China
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Hong Kong’s government said it will stick to its “zero infection” strategy on Covid-19, rebuffing a plea from global banks for the city to ease its strict quarantine policy and set a clearer time-line for a return to normal or risk its status as a center for international business.
In a statement issued to Bloomberg News in response to calls from the city’s top bank lobbying group for a change of course, a government spokesperson reiterated that the top priority remains reopening travel to the Chinese mainland, saying that other places that have adjusted their strategies to co-exist with the virus have seen increases in infections, hospitalizations and deaths.