London Daily

Focus on the big picture.
Saturday, Feb 21, 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
UK Confirms Preferential U.S. Trading Terms Will Continue After Supreme Court Tariff Ruling
U.S. and U.K. to Hold Talks on Diego Garcia as Iran Objects to Potential Military Use
UK Officials Weigh Possible Changes to Prince Andrew’s Position in Line of Succession Amid Ongoing Scrutiny
British Police Probe Epstein’s UK Airport Links and Expand High-Profile Inquiries
The Impact of U.S. Sanctions on Cuba's Humanitarian Crisis: A Tightening Noose
Trump Directs Government to Release UFO and Alien Information
Trump Signs Global 10% Tariffs on Imports
United Kingdom Denies U.S. Access to Military Base for Potential Iran Strike
British Co-founder of ASOS falls to his death from Pattaya apartment
Early 2026 Data Suggests Tentative Recovery for UK Businesses and Households
UK Introduces Digital-First Passport Rules for Dual Citizens in Border Control Overhaul
Unable to Access Live Financial Data for January UK Surplus Report
UK Government Considers Law to Remove Prince Andrew from Royal Line of Succession
UK ‘Working Closely with US’ to Assess Impact of Supreme Court Tariff Ruling
Trump Criticises UK Decision to Restrict Use of Bases in Potential Iran Strike Scenario
UK Foreign Secretary and U.S. State Chief Hold Strategic Talks as Tensions Rise Over Joint Air Base
Two teens arrested in France for alleged terror plot.
Nordic Fracture: How Criminal Scandals and Toxic Ties are Dismantling the Norwegian Crown
US Supreme Court Voids Trump’s Emergency Tariff Plan, Reshaping Trade Power and Fiscal Risk
King Charles III Opens London Fashion Week as Royal Family Faces Fresh Scrutiny
Trump’s Evolving Stance on UK Chagos Islands Deal Draws Renewed Scrutiny
House Democrat Says Former UK Ambassador Unable to Testify in Congressional Epstein Inquiry
No Record of Prince Andrew Arrest in UK as Claims Circulate Online
UK Has Not Granted US Approval to Launch Iran Strikes from RAF Bases, Government Confirms
AI Pricing Pressure Mounts as Chinese Models Undercut US Rivals and Margin Risks Grow
Global Counsel, Advisory Firm Co-Founded by Lord Mandelson, Enters Administration After Client Exodus
London High Court dispute over Ricardo Salinas’s $400mn Elektra share-backed bitcoin loan
UK Intensifies Efforts to Secure Saudi Investment in Next-Generation Fighter Jet Programme
Former Student Files Civil Claim Against UK Authorities After Rape Charges Against Peers Are Dropped
Archer Aviation Chooses Bristol for New UK Engineering Hub to Drive Electric Air Taxi Expansion
UK Sees Surge in Medical Device Testing as Government Pushes Global Competitiveness
UK Competition Watchdog Flags Concerns Over Proposed Getty Images–Shutterstock Merger
Trump Reasserts Opposition to UK Chagos Islands Proposal, Urges Stronger Strategic Alignment
Greek Prime Minister Kyriakos Mitsotakis advocates for a ban on minors using social media.
Liberal Senator Michaelia Cash Accuses Prime Minister of Lying to Australians
Meanwhile in Time Square, NYC One of the most famous landmarks
Jensen Huang just told the story of how Elon Musk became NVIDIA’s very first customer for their powerful AI supercomputer
A Lunar New Year event in Taiwan briefly came to a halt after a temple official standing beside President Lai Ching‑te suddenly vomited, splashing Lai’s clothing
Jillian Michaels reveals Bill Gates’ $55 million investment in mRNA vaccines turned into over $1 billion.
Ex-Prince Andrew Mountbatten-Windsor's arrested
Former British Prince Andrew Arrested on Suspicion of Misconduct in Public Office
Four Chagos Islanders Establish Permanent Settlement on Atoll
Unitree Robotics founder Wang Xingxing showcases future robot deployment during Spring Festival Gala.
UK Inflation Slows Sharply in January, Strengthening Case for Bank of England Rate Cut
Hide the truth, fake the facts, pretend the opposite, Britain is as usual
France President Macron says Free Speech is Bull Sh!t
Viktor Orbán getting massive praise for keeping Hungary safe, rich and migrant-free!
UK Inflation Falls to Ten-Month Low, Markets Anticipate Interest Rate Cut
UK House Prices Climb 2.4% in December as Market Shows Signs of Stabilisation
BAE Systems Predicts Sustained Expansion as Defence Orders Reach Record High
×