Former media boss Jimmy Lai Chee-ying has said he opposed Washington’s decision to end Hong Kong’s preferential trade treatment after the national security law was adopted in 2020 as the US’ move would make the city more vulnerable to mainland Chinese “interference”. Lai told his high-profile national security trial on Tuesday that he had hoped…
Hong Kong must prioritise cutting expenses and even consider raising taxes after authorities more than doubled their fiscal deficit estimate, observers have said, with some warning a reliance on land sales has become a structural problem. Experts weighed in after finance chief Paul Chan Mo-po revealed his earlier projection of a HK$48 billion deficit for…
Hong Kong must prioritise cutting expenses and even consider raising taxes after authorities more than doubled their fiscal deficit estimate, observers have said, with some warning a reliance on land sales has become a structural problem. Experts weighed in after finance chief Paul Chan Mo-po revealed his earlier projection of a HK$48 billion deficit for…
When it comes to business between companies and governments – which has traditionally been a delicate dance – US president-elect Donald Trump and his “first buddy” Elon Musk, the world’s richest man, are redefining how it works. There have always been efforts to align the interests of the public and private spheres. The process has…