Asia Sentinel

Asia Sentinel

Hong Kong’s Masters of the Universe

Philip Bowring's avatar
Philip Bowring
Apr 16, 2010
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Hong Kong is edging ever more towards a Singapore-style corporate state in which a significant part of the community's commercial and financial assets are controlled by a political and bureaucratic elite.

While Singapore has always made a virtue of this state involvement in ownership of assets, local and foreign, the Hong Kong government continues to pre…

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