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  • September 22, 2014
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  1. Comment - Insight & Opinion - JAKE'S VIEW

    Rule of law and obeying the law are two different things

    Posted Sep 21st 2014, 03:36am by Jake Van Der Kamp

    ... Jake van der Kamp Rule of law and obeying the law are two different things "You say the rule of law in Hong Kong is important, but you are now, as a professor of law, advocating that people break the law, " [Executive Council member Professor Arthur Li Kwok-cheung] said, without naming anyone. "It is completely paradoxical. It is crazy." South China Morning ...

    http://www.scmp.com/comment/insight-opinion/article/1596957/rule-law-and-obeying-law-are-two-different-things
  2. Business - Comment - JAKE'S VIEW

    Hong Kong contractors' bid-rigging is behind rising prices

    Posted Sep 18th 2014, 05:57am by Jake Van Der Kamp

    ... constituency seat in the Legislative Council and the holder of that seat invariably votes in line with the administration on issues in which Beijing takes an interest. Some things are important. So ...

    http://www.scmp.com/business/article/1594838/hong-kong-contractors-bid-rigging-behind-rising-prices
  3. Comment - Insight & Opinion - JAKE'S VIEW

    Distant central bankers drive home prices up in Hong Kong

    Posted Sep 07th 2014, 03:56am by Jake Van Der Kamp

    ... as having a floor area of 40 square metres or less, have risen 120 per cent in value while larger flats, 160 square metres or more, have risen only 33 per cent. The distinction is important. One ...

    http://www.scmp.com/comment/insight-opinion/article/1586672/distant-central-bankers-drive-home-prices-hong-kong
  4. Business - Economy - JAKE'S VIEW

    Retire these amateurish efforts at pension reform

    Posted Sep 01st 2014, 02:33pm by Jake Van Der Kamp

    ... tomorrow. Proper respect and care for the aged, however, is far less important than pouring concrete. The commission on poverty obviously recognised this indubitable truth and balked at the cost. ... those who don't need it. What is so bad about means testing? Proper respect and care for the aged, however, is far less important than pouring concrete Professor Chow's answer in his ...

    http://www.scmp.com/business/economy/article/1582903/retire-these-amateurish-efforts-pension-reform
  5. Comment - Insight & Opinion - JAKE'S VIEW

    HK Electric may be right about idea of importing power from mainland China

    Posted Jun 08th 2014, 05:30am by Jake Van Der Kamp

    ... supply. It boils down to a choice between importing about 30 per cent of power from the mainland grid or upgrading local power generation. South China Morning Post, June 6   It is not only ... the equivocation. There is an undercurrent of thought in the government (instantly denied, of course) that China Light is perhaps not quite enough of a Chinese company for such an important position in Hong ...

    http://www.scmp.com/comment/insight-opinion/article/1527546/hk-electric-may-be-right-about-idea-importing-power-mainland
  6. Comment - Insight & Opinion - JAKE'S VIEW

    China's currency swap deal with Switzerland is just plain dumb

    Posted Jul 27th 2014, 04:01am by Jake Van Der Kamp

    ... swap agreement with the People's Bank of China... The SNB [Swiss National Bank] also obtained a yuan investment quota, with which it could invest part of its foreign exchange reserves ... solution. Ship those dollars back out again by investing them in the US. You are not buying goods or services with them this time because, if you were, these would count as imports, and then China ...

    http://www.scmp.com/comment/insight-opinion/article/1559951/chinas-currency-swap-deal-switzerland-just-plain-dumb
  7. Business - Comment - JAKE'S VIEW

    Let the Hong Kong taxpayer off the hook for a new runway, please

    Posted Aug 12th 2014, 12:25am by Jake Van Der Kamp

    ... a price on this. Some things are more important than money, you know. Very well but then tell me why these deals are always structured so that we pay the money and the other side contributes ... Please? If some things are more important than money then surely this is not true for the Hong Kong taxpayer alone. But we can set a price on the convenience to the air traveller of having a third ...

    http://www.scmp.com/business/article/1571636/let-hong-kong-taxpayer-hook-new-runway-please
  8. Comment - Insight & Opinion - JAKE'S VIEW

    'Grim' retail sales index tells only fraction of story

    Posted Aug 03rd 2014, 04:25am by Jake Van Der Kamp

    ... showing since 2009. SCMP, August 1 And this was the top story on the front page on Friday, which means that the boss must have thought it the most important news of the day (there were no corruption arrests in China the previous evening, I think). I shall now do my best to make it a less important item of news. This is an easy task, really. It requires the revelation of only one fact. ...

    http://www.scmp.com/comment/insight-opinion/article/1565124/grim-retail-sales-index-tells-only-fraction-story
  9. Business - Comment - JAKE'S VIEW

    Hong Kong government's reserves are not big enough to fight 'financial predators'

    Posted Jul 31st 2014, 01:01am by Jake Van Der Kamp

    ... stability restored. An important point to note is that our stock market capitalisation was only HK$2 trillion in August 1998, but has grown 12 times since then to HK$24 trillion. Norman Chan ...

    http://www.scmp.com/business/article/1563045/hong-kong-governments-reserves-are-not-big-enough-fight-financial-predators
  10. Comment - Insight & Opinion - JAKE'S VIEW

    Overpaid box tickers at SFC leave us none the wiser about price-sensitive information

    Posted Jul 20th 2014, 04:13am by Jake Van Der Kamp

    ... and rarely anything of value to be gleaned. This means that news of real importance is also easily missed, a fine example of one step forward, two steps back. Bureaucracies deal in tick boxes. ...

    http://www.scmp.com/comment/insight-opinion/article/1556626/overpaid-box-tickers-sfc-leave-us-none-wiser-about-price

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