Hong Kong has already relaxed restrictions for inbound travelers to 0+3 - no hotel quarantine and three days of close monitoring - but even this is clearly not far enough to get business leaders and tourists to come to the SAR. If international travel had been normalized here, Hong Kong would have been in a stronger position to win over other countries during post-pandemic crusade. It is interesting to see that the treasury secretary cited part one of the Dialogue between Mengzi and King Hui of Liang. Hong Kong is the world's biggest offshore clearance center for renminbi and the Philippines can do well on renminbi business via Hong Kong. The treasury secretary is viewed as a high flyer in the government.

Source: The Standard October 07, 2022 07:12 UTC