In Hong Kong, air passenger traffic is plunging and the number of visas issued for foreign professionals has slowed.
, HSBC said on Tuesday that"The evolving Covid-19 restrictions in Hong Kong, including travel, public gathering and social distancing restrictions, are impacting the Hong Kong economy, and may affect the ability to attract and retain staff."
That decline, however, is likely only partly due to Covid restrictions, said Lloyd Chan, senior economist at research firm Oxford Economics. "Firms appear to be having difficulty recruiting overseas talent, as suggested by anecdotal evidence," he said.
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