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  • July 14, 2014
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  1. Business - Comment - MONITOR

    Tsang's vision of Hong Kong's future is severely out of focus

    Posted Feb 27th 2014, 01:23am by Tom Holland

    ... Tom Holland Instead of building mega-projects that serve no purpose, the government should spend money where it is needed: education, health and welfare Tsang's vision of Hong ... education, welfare and health services, the financial secretary warned we will be plunged into "a structural deficit" in just seven years. Even if the government were to freeze real per ...

  2. Business - Comment - MONITOR

    George Osborne is wrong about China and the yuan

    Posted Feb 21st 2014, 12:24am by Tom Holland

    ... from Britain," one mainlander asked Monitor at the time). Next week education minister Elizabeth Truss is due to lead a delegation to Shanghai to investigate why it is that Chinese pupils ...

  3. Business - Comment - MONITOR

    Fears over a 'tail risk' hard landing in China are growing

    Posted Feb 20th 2014, 01:10am by Tom Holland

    ... Tom Holland Any slump in the mainland economy will inevitably cause casualties including Hong Kong because of the banking sector’s exposure Fears over a 'tail risk' hard landing in China are growing Yesterday, the South China Morning Post reported how Beijing's central propaganda department has instructed mainland media organisations not to give air time or column ...

  4. Business - Comment - MONITOR

    Conspiracy theories abound about China's gold purchases

    Posted Feb 11th 2014, 01:51am by Tom Holland

    ... recently. According to figures from Hong Kong's Census and Statistics Department, last year the mainland imported an impressive 1,497 tonnes of the yellow metal through the city. Some ...

  5. Business - Comment - MONITOR

    Hong Kong needs a fresh policy on water before the taps run dry

    Posted Jan 09th 2014, 12:15am by Tom Holland

    ... of all piped water to no more than 5 per cent. We could collect more of our rainfall, most of which is channelled by the Drainage Services Department straight out to sea. We could recycle waste ... to water policy. At the moment, there are almost a dozen different government bureaus and departments responsible for water management, including the Water Supplies Department, the Drainage ...

  6. Business - Comment - MONITOR

    Simple-minded to expect Hong Kong home prices to fall? Not at all

    Posted Jan 07th 2014, 01:43am by Tom Holland

    ... the Rating and Valuation Department, we find that over the past five years roughly a quarter of all home sales have been to cash buyers. Some of those buyers will have been unleveraged ...

  7. Business - Comment - MONITOR

    British model of governance is nothing for Hong Kong to boast about

    Posted Dec 05th 2013, 06:00am by Tom Holland

    ... well-educated politicians and civil servants from prosperous middle class backgrounds have little or no understanding of the lives of ordinary people for whom they are drafting and implementing new ...

  8. Business - Comment - MONITOR

    The plenum speech Xi Jinping ought to deliver (but won't)

    Posted Oct 30th 2013, 02:32am by Tom Holland

    ... poorest, we must now abolish the hukou system, ensuring that the families of all workers, wherever they were born, are given access to health care, housing, education and pension benefits ...

  9. Business - Economy - MONITOR

    Why 4 per cent annual growth will be great news for China

    Posted Oct 07th 2013, 12:00am by Tom Holland

    ... Factor in a decrease in the propensity to work as young adults spend longer in education, and the employed workforce is set to shrink from 760 million last year to 626 million in 2032, a decline of 18 per cent (see the first chart). The new workers will be better-educated, and so more productive, than the workers of today. But there simply won't be enough of them to sustain rapid ...

  10. Business - Comment - MONITOR

    How to eradicate poverty - at least by the official definition

    Posted Oct 03rd 2013, 12:00am by Tom Holland

    ... Setting your poverty line relative to median income is a little like having an education secretary who declares that all children should get above-average exam grades. Your policy is never going ...




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