Hong Kong Covid Isolation Could Last to 2024, Euro Chamber Says
- Reopening unlikely until China has mRNA vaccines: draft report
- Businesses should expect exodus of foreign staff, chamber says
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Hong Kong’s zero-tolerance approach to Covid-19 could keep the Asian financial hub cut off from most of the world until 2024 and fuel a large-scale exodus of international workers and executives, according to a draft report by the European Chamber of Commerce in the city.
The most likely scenario for Hong Kong’s exit from its isolation is to wait for China to finish developing a powerful messenger RNA vaccine and immunize its 1.4 billion people, the business group said in an internal document seen and verified by Bloomberg.