London Daily

Focus on the big picture.
Wednesday, May 13, 2026

HKSAR falls in biz climate, safety rank

HKSAR falls in biz climate, safety rank

The Hong Kong Special Administrative Region fell out of the world's top 10 safest cities list and lost its status as the best Chinese city to do business in, amid gloom over prolonged civil unrest.

In its latest annual report released on Friday, the Hong Kong Chinese and Foreign Institute of City Competitiveness removed Hong Kong from the Global Top 10 Safe Cities, a list on which Hong Kong ranked 6th last year, citing a "universally known" reason.

The result deviated from the city's longtime global image. Solicitor Kennedy Wong Yingho, also convener of Safeguard HK-a cross-sector alliance calling for restoring law and order in the city, said he was "not at all surprised" at the new rankings. "How can you expect Hong Kong to be a safe city after dozens of countries have issued travel warnings for this city?" he asked.

Meanwhile, Hong Kong was leapfrogged by Shanghai and Shenzhen, Guangdong province on the ranking list of cities with the best business environment. "In six months of civil unrest, Hong Kong's business environment has been greatly compromised," the report read.

Wong said concerns over Hong Kong's business environment started to grow after Hong Kong International Airport was repeatedly disrupted in August. A number of international conferences, exhibitions and entertainment events were then scrapped out of safety concerns in the midst of violent anti-government protests.

In mid-August, protesters occupied the airport's arrivals hall in a weeklong illegal assembly which later descended into chaos when radicals scuffled with travelers and roughed up Chinese mainland visitors. Thousands of protesters also paralyzed roads and public transport links to the airport.

At the height of the violent demonstrations, Shenzhen Bao'an International Airport-37 kilometers north of Hong Kong's airport-saw a nearly 10 percent month-on-month increase in the number of passenger trips.


China's most competitive

Despite Shenzhen-China's innovation hub-giving Hong Kong a run for its money on the latest Global City Competitiveness Rankings, Hong Kong was still crowned China's most competitive city in 2019, ranking 8th globally.

Apart from Hong Kong and Shenzhen, another seven Chinese cities, all on the mainland, were also included in the top 50. New York took the top spot as the most competitive city in the world, followed by Tokyo and London.

Economist Gui Qiangfang, who led research work for this year's rankings, said Hong Kong's finance, trade, legal and other professional services outperform any other Chinese city and it has been leveraging the advantages of "one country, two systems".

Gui estimated that Hong Kong will recover from a technical recession next year, but worried that the city might lose its first place spot on competitiveness after dominating the list for more than a decade due to pressure from protracted social unrest and Sino-US trade disputes.

To maintain the international community's confidence in Hong Kong, Wong said it is imperative to scale up law enforcement for the sake of public order and safety.

"You at least need to send a clear message to the world-Hong Kong is a safe place for travelers and businesspeople," he added.

Newsletter

Related Articles

0:00
0:00
Close
The Great Western Exit: Why Best Citizens Are Fleeing the Rich World [PODCAST]
The New Robber Barons of Intelligence: Are AI Bosses More Powerful Than Rockefeller?
The End of the Old Order [Podcast]
Britain’s Democracy Is Now a Costume
The AI Gold Rush Is Coming for America’s Last Open Spaces [Podcast]
The Pentagon’s AI Squeeze: Eight Tech Giants Get In, Anthropic Gets Shut Out [Podcast]
The War Map: Professor Jiang’s Dark Theory of Iran, Trump, China, Russia, Israel, and the Coming Global Shock [Podcast]
Labour Is No Longer a National Party [Podcast]
AI Isn’t Stealing Your Job. It’s Dismantling It Piece by Piece.
Lawyers vs Engineers: Why China Builds While America Litigates [Podcast]
Churchill’s Glass: The Drunk, the Doctor, and the Myth Britain Refuses to Sober Up From
Apple issues an unusual warning: this is how your iPhone can be hacked without you doing anything
Kennedy’s Quiet War on Antidepressants Sparks Alarm Across America’s Medical Establishment
The Met Gala Meets the Age of Billionaire Backlash
Russian Oligarch’s Superyacht Crosses Hormuz via Iran-Controlled Route
Gunfire Disrupts White House Correspondents’ Dinner as Trump Is Evacuated
A Leak, a King, and a Fracturing Alliance
Inside the Gates Foundation Turmoil: Layoffs, Scrutiny, and the Cost of Reputational Risk
UK Biobank Breach Exposes Health Data of 500,000, Listed for Sale on Chinese Platform
KPMG Cuts Around 10% of US Audit Partners After Failed Exit Push
French Police Probe Suspected Weather-Data Tampering After Unusual Polymarket Bets on Paris Temperatures
CATL Unveils Revolutionary EV Battery Tech: 1000 km Range and 7-Minute Charging Ahead of Beijing Auto Show
Crypto Scammers Capitalize on Maritime Chaos Near the Strait of Hormuz: A Rising Threat to Shipping Companies
Changi Airport: How Singapore Engineered the World’s Most Efficient Travel Experience
Power Dynamics: Apple’s Leadership Shakeup, Geopolitical Risks in the Strait of Hormuz, and Europe's Energy Strategy Amidst Global Challenges
Apple's Leadership Transition: Can New CEO John Ternus Navigate AI Challenges and Geopolitical Pressures?
Italy’s €100K Tax Gambit: Europe’s Soft Power Tax Haven
News Roundup
Microsoft lost 2.5 millions users (French government) to Linux
Privacy Problems in Microsoft Windows OS
News roundup
Péter András Magyar and the Strategic Reset of Hungary
Hungary After the Landslide — A Strategic Reset in Europe
Meghan Markle Plans Exclusive Women-Focused Retreat During Australia Visit
Starmer and Trump Hold Strategic Talks on Securing Strait of Hormuz Amid Rising Tensions
Unofficial Australia Visit by Prince Harry and Meghan Expected to Stir Tensions with Royal Circles
Pipeline Attack Cuts Significant Share of Saudi Arabia’s Oil Export Capacity
UK Stocks Rise on Ceasefire Momentum and Renewed Focus on Diplomacy
UK to Hold Further Strategic Talks on Strait of Hormuz Security
Starmer Voices Frustration as Global Tensions Drive Up UK Energy Costs
UK Students Voice Concern Over Proposal for Automatic Military Draft Registration
Rising Volatility Drives Uncertainty in UK Fuel and Petrol Prices
UK Moves to Deploy ‘Skyhammer’ Anti-Drone System to Strengthen Airspace Defense
New Analysis Explores UK Budget Mechanics in ‘Behind the Blue’ Feature
Man Arrested After Four Die in Channel Crossing Tragedy
UK Tightens Immigration Framework with New Sponsor Rules and Fee Increases
UK Foreign Secretary Highlights Impact of Intensified Strikes in Lebanon
UK Urges Inclusion of Lebanon in US-Iran Ceasefire Framework
UK Stocks Ease as Ceasefire Doubts in Middle East Weigh on Investor Confidence
UK Reassesses Cloud Strategy Amid Criticism Over Limited Support Measures
×