New Covid-19 curbs leave Hong Kong businesses, residents counting the cost

Hong Kong’s pandemic-stricken industries have ramped up their appeals for financial compensation or fresh subsidies following the government’s sudden revival of strict social-distancing rules, as businesses warn that losses over the next fortnight could exceed HK$11 billion (US$1.4 billion).A hotel industry leader predicted a wave of restaurant closures and spiralling unemployment flowing from the two weeks of drastic restrictions taking effect on Friday and accused the government of…

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