Breakingviews - Brain drain solution is staring Hong Kong in face

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Hong Kong's leader John Lee hopes lower property taxes and a new visa scheme will attract talent. But he ignores a big cause of why foreigners are fleeing: the city’s increasingly nonsensical Covid policy, says mak_robyn

as members, showed that two-thirds of respondents found it "difficult" and "extremely difficult" to attract and retain talent for global and regional roles while over half said that they had been adding head count elsewhere. The city's labour force is shrinking, with the 20- to 24-year-old cohort plunging an alarming 15% in the second quarter from a year earlier.

Those are all nice to have but are just tinkering at the edges. Even as daily life and travel return to normal from Singapore to London, Hong Kongers are still subject to a myriad of rules that even health experts.

 

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mak_robyn He just purposefully ignores this as he has no say in covid policy as Xi is still in his zero covid policy. Now Xi reached the peak of his power like how Hitler becoming the Führer of Germany in 1934, there is no hope to see things turning better soon.

tweet4852 mak_robyn HongKong has been ruined by China

mak_robyn Covid? I think you spelled ccp wrong. Ha.

Breakingviews mak_robyn Absurd! Obviously, Hong Kong's brain drain started long before COVID. China's brutal autocratic dismantling of Hong Kong's democracy started & continues to drive the brain drain. China's imposition of autocracy is slowly but surely strangling the goose that laid the golden egg.

Breakingviews mak_robyn Who are willing to take risk of being monitored and even fined due to the mandatory health code?

Breakingviews mak_robyn Social Credit System is no way to attract talent because a prerequisite to talent is free thinking.

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Hong Kong leader aims to bolster prosperity, lure talent in policy addressHong Kong leader John Lee will on Wednesday deliver his inaugural policy address that is expected to focus on reviving the city's credentials as an international business hub and on housing after extended COVID lockdowns and political upheaval. Not going to lure talent if Hong Kong is not free and independent. Hong Kongers are welcome in England.
Source: Reuters - 🏆 2. / 97 Read more »