Resumption of quarantine-free travel between city and mainland has been welcomed by the business community. Photo: Jelly Tse
Resumption of quarantine-free travel between city and mainland has been welcomed by the business community. Photo: Jelly Tse

Major Hong Kong business group predicts 2023 turnaround, GDP to grow 3.8 per cent after border reopening with mainland China

  • Border reopening is ‘a long-awaited much-needed shot in the arm for the business sector’, says Hong Kong General Chamber CEO George Leung
  • But warns combination of inflationary headwinds and ‘brain drain’ could dampen city’s much-needed recovery

Resumption of quarantine-free travel between city and mainland has been welcomed by the business community. Photo: Jelly Tse
Resumption of quarantine-free travel between city and mainland has been welcomed by the business community. Photo: Jelly Tse
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