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Hong Kong’s difficult comeback

Before the pandemic, Hong Kong was considered a highly attractive trading and financial metropolis. That is different now.
The Chinese Special Administrative Region was hit even harder by the pandemic than the People’s Republic. Now the financial metropolis seeks to make a comeback. But that will not be easy.

Johannes Fabrock has high hopes for the new year. “Thanks to the border opening, Hong Kong can now finally make use of one of its key locational advantages again,” the delegate of German business in Hong Kong rejoices. Many business representatives in Hong Kong are feeling the same way as Fabrock these days. After three years of strict pandemic control, the Chinese Special Administrative Region is finally on its way to returning to normality.

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