When a Hong Kong government cabinet secretary mocks my ideas on how to reduce poverty and improve equality on a television show it is worth examining whose version of economic reality we are living in.
I recently participated in a Channel News Asia panel interview about economic inequality in Hong Kong with Dr Law Chi-Kwong, the Secretary for Labour and Welfare, and three other guests.
All the panellists agreed that Hong Kong is very market-driven. But in residential property, market failure,…
Source : South China Morning Post
Read more…Hong Kong’s property cartel is pushing wealth inequality to the brink
