China says next Hong Kong leader must tackle housing crisis
Jul 18, 2021 China said Hong Kong’s future leader needs to tackle the city’s housing crisis in the latest sign that the Asian financial hub’s expensive residential real estate market is a priority for Beijing as Chinese officials seek to reassert their legitimacy following unrest. With a national security law ensuring stability and prosperity in the city, Hong Kong’s housing problems should be “greatly improved” by 2049, Xia Baolong, the director of the Cabinet-level Hong Kong and Macau Affairs Office in Beijing, told a private gathering of the Hong Kong’s senior-most o...