It is a speech given by Donald Tsang at the opening of the Asia Financial Forum, which was themed “The Changing Face of Asia”. Whoever the target audience may have been, it would not make a difference to the point made here. Beneath the patina of seemingly confidence-inspiring but empty and vain cliches are much less pleasant realities that the Tsang administration has been trying to sweep under the carpet. In only these two short paragraphs, one can detect at least five issues that lack veracity or about which Tsang is not totally honest:-