Bloomberg Quicktake: Now published this video item, entitled “Hong Kong Ends Hotel Quarantine in Biggest Covid Shift Yet” – below is their description.
Hong Kong scrapped hotel quarantine for inbound travelers in the most substantial move yet to end its pandemic isolation, and signaled more easing is likely as the city tries to salvage its status as a global financial center.
Under new rules to come into effect on Monday morning, people coming to the city will no longer need to take a PCR test before departure, with a rapid-antigen test now sufficing, though they’ll still need to complete a PCR upon arrival, Chief Executive John Lee said at a briefing on Friday. Travelers will also be allowed to leave the airport via public transport.
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Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City.
It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.
Hong Kong, officially the Hong Kong Special Administrative Region of the People’s Republic of China (HKSAR), is a metropolitan area and special administrative region of the People’s Republic of China on the eastern Pearl River Delta of the South China Sea. With over 7.5 million residents of various nationalities in a 1,104-square-kilometre (426 sq mi) territory, Hong Kong is one of the most densely populated places in the world.
Hong Kong became a colony of the British Empire after the Qing Empire ceded Hong Kong Island at the end of the First Opium War in 1842. The colony expanded to the Kowloon Peninsula in 1860 after the Second Opium War and was further extended when Britain obtained a 99-year lease of the New Territories in 1898. The whole territory was transferred to China in 1997. As a special administrative region, Hong Kong maintains separate governing and economic systems from that of mainland China under the principle of “one country, two systems”.