Hong Kong launches $3.8B fund to combat brain drain #shorts #short #shortsvideo #youtubeshorts
Hong Kong has launched a $3.8 billion investment fund to attract new talent and foreign businesses, as a major brain drain looms over the city. Strict lockdowns and political unrest have led to a massive exodus of the workforce – 140,000 over the last two years, according to Chief Executive John Lee. “Apart from actively nurturing and retaining local talents”, the Hong Kong leaders says, “the government will proactively trawl the world for talents”.
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