Qianhai options - a bait to see if anyone in HK will bite?

Options being considered by Shenzhen officials and academics for Qianhai include allowing Hong Kong offshore financial institutions and arbitration institutions to set up branches in Qianhai, a pilot scheme for free convertibility of the yuan, and introduction of salaries and profits taxes much lower than elsewhere on the mainland.

SCMP, November 8

Give me any one of these and I can set up an instantly successful special economic zone, too. It doesn't take a genius to figure out that you can leave the competition far behind if you can get your government to kick it out of the way.

Take this suggestion of giving Qianhai a pilot scheme for free convertibility of the yuan. Everyone in China wants to be able to exchange funny money for real money and if one little corner of Shenzhen gets the exclusive nod, that little corner of Shenzhen will undoubtedly grow rich. If I enter the winning Mark 6 number I will win the Mark 6. Hard to figure out how this works, isn't it?

Likewise the suggestion that taxes in Qianhai should be set much lower than taxes elsewhere in China. I like it. I shall try a variant of this idea on the Jockey Club one day. I am prepared to buy a racehorse if the Jockey Club will guarantee my horse a head start of half the length of the race every time it runs.

Well, why not? Why should Qianhai be the only place where people can get that kind of head start? Why not Happy Valley, too? I'll put my hand up for the trial run and if you want to tell me that I am no-one special, well, what is so special about Qianhai?