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Asia Sentinel
Monopoly Takes Hong Kong’s Economic Heights

Monopoly Takes Hong Kong’s Economic Heights

Our Correspondent
Dec 24, 2013
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Asia Sentinel
Asia Sentinel
Monopoly Takes Hong Kong’s Economic Heights
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Monopoly marches on in supposedly competitive Hong Kong as a few families entrench themselves ever deeper into the sinews of the economy.

The telecoms sector, once a beacon of competition, is about to become increasingly dominated by the family of Asia’s richest man, Li Ka-shing, which already controls a large chunk of the property development business, …

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