About 5,000 restaurants are considering shutting down for months in order to cut costs. - AFP
HONG KONG (Bloomberg): Thousands of bars and restaurants in Hong Kong will shut as some of the world's toughest Covid-19 restrictions, aimed at taming a record outbreak, deal a heavy blow to the once-vibrant city's economy.
About 5,000 restaurants, or almost one third of Hong Kong's eateries, are considering shutting down for months in order to cut costs, said Simon Wong, president of the Hong Kong Federation of Restaurants and Related Trades.
