Hong Kong’s ‘Draconian’ Travel Curbs Are Top AmCham Concern


Source: bnnbloomberg.ca bnnbloomberg.ca

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(Bloomberg) -- Hong Kong’s stringent travel restrictions are now the biggest challenge for American businesses in the city, overtaking other hot-button issues like U.S.-China relations and political uncertainty. The American Chamber of Commerce in Hong Kong said 60% of respondents in its 2022 business sentiment survey ranked international travel restrictions as their top concern. Some 44% highlighted U.S.-China relations and 32% said political uncertainty were their main challenge. In last year’s report, 65.4% of respondents selected U.S.-China relations as the biggest concern. “Hong Kong still holds business opportunities but an array of issues, especially draconian travel restrictions and worsening US-China...