Move to lift travel restriction comes amid fears the former British colony is losing its competitive edge.
Hong Kong will scrap its controversial quarantine for arrivals from next week, bowing to mounting pressure to end more than two and a half years of isolation that has hammered the economy and driven talent out of the financial hub.
The Chinese territory will resume quarantine-free entry from Monday, Hong Kong’s leader John Lee announced at a press conference on Friday.
“We must allow…