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No Easy Fix for Hong Kong's Economy

No Easy Fix for Hong Kong's Economy

Alice Poon
Nov 05, 2008
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Asia Sentinel
Asia Sentinel
No Easy Fix for Hong Kong's Economy
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Craig Stephen paints the picture most clearly by these passages in his MarketWatch article:-

“The problem is, of course, that Hong Kong has all its eggs in a property and finance basket, and everyone remembers how painful the asset down-cycle can be. Already retailers report October sales fell by up to 30% over a year earlier.

Hong Kong's rich list tells …

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