The damage to Hong Kong’s world competitiveness ranking was done by a sharp decline in grading for economic performance from 10th to 28th. The domestic economy subfactor recorded an even steeper plunge, from 18th to 49th place. Photo: EPA-EFE The damage to Hong Kong’s world competitiveness ranking was done by a sharp decline in grading for economic performance from 10th to 28th. The domestic economy subfactor recorded an even steeper plunge, from 18th to 49th place. Photo: EPA-EFE
The damage to Hong Kong’s world competitiveness ranking was done by a sharp decline in grading for economic performance from 10th to 28th. The domestic economy subfactor recorded an even steeper plunge, from 18th to 49th place. Photo: EPA-EFE
SCMP Editorial
Opinion

Opinion

Editorial by SCMP Editorial

To stay competitive, Hong Kong needs to reconcile

  • City has tumbled down the global rankings, reflecting how a year of headwinds including violent social unrest has hurt the economy

The damage to Hong Kong’s world competitiveness ranking was done by a sharp decline in grading for economic performance from 10th to 28th. The domestic economy subfactor recorded an even steeper plunge, from 18th to 49th place. Photo: EPA-EFE The damage to Hong Kong’s world competitiveness ranking was done by a sharp decline in grading for economic performance from 10th to 28th. The domestic economy subfactor recorded an even steeper plunge, from 18th to 49th place. Photo: EPA-EFE
The damage to Hong Kong’s world competitiveness ranking was done by a sharp decline in grading for economic performance from 10th to 28th. The domestic economy subfactor recorded an even steeper plunge, from 18th to 49th place. Photo: EPA-EFE
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