Janet Pau

The View | Three steps Hong Kong must take to revive its economy and restore its global reputation

After its mishandling of Omicron, Hong Kong needs a programme of damage control to regain investor confidence and bring stability back to residents’ lives

That means building economic resilience, strengthening networks for trade and talent, and putting substance behind claims of being a world city

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Why you can trust SCMP

Hong Kong’s famed skyline seen from the waterfront on September 9, 2021. Photo: Felix Wong

Janet Pau

Published: 1:30pm, 22 Mar 2022

The damage Omicron has done to Hong Kong’s economy and reputation risks being long-lasting. Those who would like to continue to live and do business in this place must work together in charting a path to repair this damage. Those who think Hong Kong cannot recover need not read on.

On public health measures to stem the pandemic, the government looks like it will finally do the right thing – after exhausting all other possibilities – with a gradual relaxation of restrictions. Beyond handouts to help cash-strapped sectors, consumers, workers, and households stay afloat and, later, get back on their feet, Hong Kong must rebuild its economy and society on stronger foundations.

Three priorities stand out. If Hong Kong is to have a chance at recovery, it must get them right.

First, restore public trust in scientific expertise and internationally accepted public health practices. This is neither easy nor obvious, as shared facts and realities are becoming more elusive, and Hong Kong is not alone in battling challenges such as vaccine hesitancy.

Hong Kong’s handling of the Omicron wave has dented its global image. Going forward, it will need a clear emergency plan in place to combat more transmissible or lethal variants and possibly a future pandemic, learning from its mistakes and implementing measures aligned with those of the international scientific community.