Exclusive | ‘Whole market is rotten’: Hong Kong fire exposes greedy building renovation business
Hong Kong’s worst blaze in seven decades has exposed an ugly open secret of a murky and rapacious building renovation business that is plagued by bid-rigging and skyrocketing costs even as it staves off feeble official efforts to tackle collusive conduct. Experts and former insiders offered this grim assessment, pointing to the city as a…
