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Reuters
Reuters
Business
Farah Master and Scott Murdoch

Business leaders say new Hong Kong chief must open up city, rebuild its image

FILE PHOTO: Water barriers are set up outside the Hong Kong Convention and Exhibition Centre, ahead of the 25th anniversary of Hong Kong's handover to China from Britain, in Hong Kong, China June 29, 2022. REUTERS/Lam Yik/File Photo

Business executives in Hong Kong have a wish list for its new leader: scrap COVID-19 quarantine rules, and promote the rule of law and transparent regulations to revive foreign investor confidence - before the territory becomes a hardship posting.

Former security chief John Lee, who becomes chief executive of the former British colony on Friday, needs to reboot the once-teeming global financial hub, eight business leaders said, because its border has effectively been sealed since 2020 and international arrivals subject to stringent quarantine and testing protocols.

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