British Airways and Virgin have resumed flights to the United States as much of the world opens back up after the ravages of the coronavirus. Photo: Getty Images
British Airways and Virgin have resumed flights to the United States as much of the world opens back up after the ravages of the coronavirus. Photo: Getty Images
Neil Newman
Opinion

Opinion

Abacus by Neil Newman

As the world’s post-Covid recovery takes off, a closed Hong Kong is poorer than it thinks

  • The city’s economy relies on four business pillars. Finance and property have proved Covid-resilient; tourism and logistics have been severely damaged
  • The city is rich, and its reserves mean it can ride things out by giving away free money to puff up GDP. But it is becoming poor as a place to work, study, or shop – and its zero-Covid approach means it risks missing out as the rest of the world speeds past

British Airways and Virgin have resumed flights to the United States as much of the world opens back up after the ravages of the coronavirus. Photo: Getty Images
British Airways and Virgin have resumed flights to the United States as much of the world opens back up after the ravages of the coronavirus. Photo: Getty Images
READ FULL ARTICLE