Hong Kong’s ‘Zero-COVID’ Policy Accelerates Exodus of Talent and Capital

Hong Kong’s ‘Zero-COVID’ Policy Accelerates Exodus of Talent and Capital
A Cathay Pacific aircraft comes in to land at Hong Kong International Airport on Aug. 11, 2021. Isaac Lawrence/AFP via Getty Images
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Hong Kong’s “Zero-COVID” policy, following mainland China’s lead, has hit the local economy by making many Hong Kongers worry about their future and causing a massive outflow of both talent and capital.

A large number of residents have left Hong Kong since the city implemented Beijing’s National Security Law in July 2020. The exodus has recently intensified due to the draconian pandemic measures put in place.