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Hong Kong's Budget Blues
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Hong Kong's Budget Blues

Philip Bowring's avatar
Philip Bowring
Feb 26, 2009
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Asia Sentinel
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Hong Kong's Budget Blues
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Around the world, governments are feverishly trying to reverse unprecedented sharp declines with huge increases in immediate public spending. China has even taken a lead. But the bureaucrats who administer (not govern) its Hong Kong territory have come up with a budget for the coming fiscal year beginning April 1 that is remarkably only in its determina…

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