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Reuters
Reuters
Business
By James Pomfret and Clare Jim

Hong Kong leader aims to bolster prosperity, lure talent in policy address

John Lee Hong Kong
A man checks his phone at a promenade during sunset in Hong Kong, China October 12, 2022. REUTERS/Tyrone Siu

Hong Kong leader John Lee will on Wednesday deliver his inaugural policy address that is expected to focus on reviving the city's credentials as an international business hub and on housing after extended COVID lockdowns and political upheaval.

Lee, a former career policeman with limited financial expertise, will have the challenging task of lifting Hong Kong's regional competitiveness after its economy shrank 1.3% in the second quarter.

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