Business Abroad

Hong Kong’s economic and social problems during the coronavirus epidemic

The beginning of the year in China was marked by an outbreak of the virus, which was named COVID-19 or coronavirus. According to official statistics, there are currently 66.4 thousand infected people on the mainland. 7,000 people increased from the virus, and 1523 cases were fatal. At the moment, about 500 infected with coronavirus have been recorded outside the PRC, the main source of infection is considered to be bats.

The first cases of pneumonia caused by coronavirus were recorded in the city of Wuhan, Hubei province. In Hong Kong, the first fatal case of COVID-19 infection was recorded on February 4. The coronavirus epidemic is growing rapidly and has always left its mark on all areas of activity in Hong Kong. Closed borders and internal quarantine conditions lead to instability in the region and the entire country.

Social life during the quarantine period

To protect their citizens from mass infection, the Hong Kong authorities, represented by the chief of staff Kerry Lam, were forced to close the external borders. To date, you can get to Hong Kong through three checkpoints:

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  • On the Shenzhen Bay bridge
  • On the Hong Kong-Zhuhai-Macao bridge
  • The city’s international airport

This has significantly complicated the movement of the population and those who come to work in the region. School holidays were extended until March 16 to avoid large crowds. The government also banned all mass events planned during the quarantine period.

However, the Hong Kong government decided to show care and support not only the population but also businesses in difficult times. 3.2 billion dollars will be allocated to fight the COVID-19 virus and its consequences, as well as to support various companies that will suffer significant losses due to the quarantine.

Dependence of politics and economy in the context of an epidemiological crisis

The most important decision, according to Hong Kong residents, that the government should have taken after the announcement of the virus outbreak by mainland China is the complete closure of the borders, and consequently the arrival of newly infected people from China to Hong Kong. To date, there are only three checkpoints in operation, but the residents had to achieve this through protest.

This situation arose due to the reluctance of the current government of Hong Kong to spoil relations with Beijing. In the last Council elections, democratic leaders took 17 out of 18 positions, which significantly attracted the current government. But most of the deputies, in connection with the upcoming elections in September this year, realize that it does not make sense to blindly support the legal side. Such disagreements in politics lead to disastrous results in society. According to statistics, if the same border crossing conditions are met, Hong Kong may need up to 140 thousand places for hospitalization, currently, there are 97 of them. The society forms new trade unions and social movements to Express its grievances against the government and dissatisfaction with their decisions.

At the moment, the activity of protest movements has decreased, which is directly related to the quarantine. However, after the end of the epidemic, they may increase with new force and claims.

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