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'Hong Kong is over'? Scholar defends article; Xinhua slams 'so-called experts'

An American economist has defended an article he wrote that claimed “Hong Kong is over”, saying it was intended as a “wake-up call” given his perception of a “growing undercurrent of angst” about the city’s future. Chinese state media also weighed into the wider debate over the city’s inves
United States Hong Kong Laura Cha Shih May Lung Stephen Roach Morgan Stanley Asia Regina Ip Lau Suk Yee

Opinion | Why it's time for Hong Kong to go the way of Singapore on GST

With the city facing a massive deficit, it must prioritise spending where it matters and find new sources of revenue. A goods and services tax implemented at the wholesale level might not be too onerous, and would reassure investors in government bonds of the city’s financial health.
Hong Kong John Lee Ka Chiu Uber Hong Kong Basic Law Chief Executive John Lee Ka Chiu Public Finance
Source: scmp.com

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