Hong Kong businesses survived the city's protests. Coronavirus pandemic may be their breaking point

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Hong Kong businesses survived the city's protests. Coronavirus pandemic may be their breaking point
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A surge in new coronavirus cases in Hong Kong is forcing businesses to shut or scale down, as many businesses were hoping for relief following months of social unrest.

Hong Kong is one of few major cities to avoid a lockdown, but stricter measures have taken effect in recent weeks.

HONG KONG — On a weekday morning in the ground floor mall of Hong Kong's International Finance Center, office workers dressed in business attire are sparse but not uncommon, as shops ranging from Hugo Boss to Gucci prepare to open their doors. Still, more and more restrictive measures have been in place. Many employees have already been working from home and schools have been suspended, but restaurants and bars have mostly operated as usual — at least until recently.Uptin Saiidi | CNBCA surge in coronavirus cases in late March, driven by the return of residents from Europe and the U.S.

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