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End Business Welfare

03/10/2013
Bill Stacey
Posted In: OpEds & Columns

Next Magazine (Second opinion A002, 2013.10.03) Hong Kong risks being transformed. With the 2013-14 budget, total government spending has become entrenched at over 21% of GDP. Forward estimates from the government have spending peaking in 2015-16 at 21.6% when a special provision is made for health care reform. However, withContinue reading>

Heed HSBC’s Lessons

05/09/2013
Bill Stacey
Posted In: OpEds & Columns

Next Magazine (Second opinion A004, 2013.09.05) Hong Kong is blessed with venerable institutions that date back to its early days as a colony, but have survived and prospered in the modern world by adapting to changes. These changes and adaptations sometimes happen consciously with a deliberate plan, but they areContinue reading>