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Economy

Hong Kong's 'zero COVID' policy risks status as financial hub

Pandemic isolation weighs on economy and competitiveness

Hong Kong's continued isolation would have implications for the balance of power among Asia's financial centers.   © Reuters

HONG KONG -- "All of Asia's key markets less than four hours away." "Half of the world's population can be reached within five hours by plane."

The advantages touted by the Hong Kong government-backed InvestHK site had made the city a nexus for business travel in the region, but they vanished with the coronavirus pandemic.

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