‘Are Hong Kong’s days as a major financial centre now numbered? The end of the pandemic has seen renewed economic growth. But some say tough anti-Covid rules and anti-protest laws are undermining what was once Asia’s leading financial hub as thousands of people leave the territory.’
https://www.bbc.co.uk/programmes/w3ct1jb4
to undermine sth
to dismantle businesses
surreal
to thrive on attracting talent
a business hub
be subject to prosecution
to put up a sticker
to get a temporary leave to settle
an enactment of the law
to override the common law
to toe the line
an arbitrary arrest
a contingency plan
to induce fear in sm
a media tycoon
to violate the law
to extend a privilege
to foment civil unrest
at sm’s own expense
operational challenges
to expand your presence
to exacerbate the situation
wealth management services
expatriates
an inflow / outflow of sth
be locked in a trade war
brands based in …
to strategise
be caught in between a rock and a hard place
to enforce sanctions
self-censorship
to operate in a risky environment
to decline over time
to deplete
be appealing to sm
to open up to foreign capital
on a political side
have a meaningful presence
Photo by Florian Wehde on Unsplash
