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  • November 23, 2014
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Results 1 - 9 of 9 for mainland tourists

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  1. Comment - Insight & Opinion - JAKE'S VIEW

    Mainlanders' spending in Hong Kong doesn't show up in our GDP- that's statistical reality

    Posted Jun 15th 2014, 03:55am by Jake Van Der Kamp

    ... that Hong Kong residents have spent abroad. Thus if mainland tourist spending here now crashes, our economy will march on untroubled. But I hear you. This is all wrong, you say. Things should ... tourists buy in our shops is imported. But consider some other things. You may say that a drop in mainland tourism will put a number of people out of work and push up our unemployment figures. Yes, ...

  2. 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

    ... to be fewer than one-quarter but then we had the shopping boom by mainland tourists, which redoubled in intensity in 2010. Mainland shoppers buy the sorts of things that show up in the retail sales ... for the last two years. The market resists, the mainland tourists cannot be pushed. Oh, I cry such enormous, huge tears. ...

  3. Comment - Insight & Opinion - JAKE'S VIEW

    Fearful finance chief John Tsang misses the point about tolerating peaceful dissent

    Posted Oct 05th 2014, 04:10am by Jake Van Der Kamp

    ... of mainland tourists. But there is another way of looking at this. What financial markets also fear in their longer term decisions of where they base themselves is governments that indulge ...

  4. Comment - Insight & Opinion - JAKE'S VIEW

    Exports a handy fudge when playing the Hong Kong GDP numbers game

    Posted May 18th 2014, 03:35am by Jake Van Der Kamp

    ... not better than the overall figure but worse. Yes, those mainland tourists did buy a lot but the rules for tallying up GDP say that you must subtract this from the numbers and instead add in what Hong Kong tourists spent abroad. Much the same thing turns up when you look at government consumption expenditure. The growth here was a shade under the overall growth rate figure. And while ...

  5. Business - Comment - JAKE'S VIEW

    Here's some concrete ideas to spare parks

    Posted Sep 12th 2013, 12:00am by Jake Van Der Kamp

    ... superb transport connections and proximity to the city centre. Next target: Disneyland, where we regularly lose money to treat mainland tourists to rides and shops styled to silly American ... to where it naturally belongs, which is mainland ports just across the border. The big Kwai Chung operators know it, too, which is why they are the big shareholders in the mainland ports. ...

  6. Comment - Insight & Opinion - JAKE'S VIEW

    InvestHK cooks up the perfect candidate for public relations ceremony

    Posted Sep 08th 2013, 12:00am by Jake Van Der Kamp

    ... premises in order to sell mainland tourists overpriced European fashion goods also counts as a Hong Kong investment project. But it wouldn't be quite the right flavour for the ceremony, ... know the story. It's in line with this claim, made at the ceremony by InvestHK's top man, Simon Galpin, that, "We're on track to have a record number of mainland companies ...

  7. Business - Comment - JAKE'S VIEW

    Psst … cat's out of the bag on that HK$130b runway

    Posted Aug 23rd 2012, 12:00am by Jake Van Der Kamp

    ... those mainland tourists who we thought were bringing us so much money are actually going to cost us HK$130 billion in the construction of a third runway. The airlines make more money by flying ...

  8. Business - Comment - JAKE'S VIEW

    Time to revisit the so-called benefits of tourism

    Posted Oct 09th 2012, 12:00am by Jake Van Der Kamp

    ... Jake van der Kamp Little of the spending by tourists on shopping and travel goes into pockets of city residents Time to revisit the so-called benefits of tourism For decades, tourism has ... immediately deduct HK$52 billion in international transport costs for tourists. We, the people of Hong Kong, own no airlines, passenger ships or cross-border bus companies and we do not get any ...

  9. Business - Comment - JAKE'S VIEW

    A hard time feeling the struggle amid boom times

    Posted Nov 20th 2012, 12:00am by Jake Van Der Kamp

    ... to cheat the mainland taxman. He connives. Don't ask me why. But this leaves us with some uncertainties. We have to guess at the value of imports that remain in Hong Kong. We don't know ... not include this in our GDP calculations, and we do not. But almost all of these tourist goods are imported. If we do not count them on their way out of Hong Kong we should also not count them ...



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