Laissz-faire 201 ?

Hoping to help stop the local property price from going up too fast, the Hong Kong government has just imposed a 15% tax for  residential homes to be bought by foreign buyers. However, the real effect of this new policy remains to be seen.

Perhaps, to keep up with the times, a Laissz-faire economy with proper government intervention would be necessary?


World’s Best?

Hong Kong has just been named the World’s most Livable City according to EIU. It even beats Singapore (N0. 22), a surprise to many!

The main point seems that most residents here choose to live in the city,thus leaving vast suburban areas green and eco-friendly…

With other recently awarded titles like “Best Business City in the World”, “World’s Greatest City”…Hong Kong is fast becoming the “paradise” on earth?