• Sat
  • Dec 27, 2014
  • Updated: 8:17pm

John Tsang Chun-Wah

John Tsang Chun-wah has served as Hong Kong’s financial secretary since appointed to the position by former chief executive Donald Tsang Yam-kuen in 2007. He was secretary for commerce, industry and technology between 2003 and 2006. He chaired the World Trade Organisation Ministerial Conference in Hong Kong in December 2005.

Hong Kong's financial secretary rejects call to change the currency peg

Don't change the peg, says John Tsang

Hong Kong does not need to change its currency peg to the US dollar, Financial Secretary John Tsang Chun-wah said after the latest suggestion that the government should look to the yuan instead.

Sunday, 2 November, 2014, 6:08am 7 comments

Strong government needed to maintain stability, says financial secretary

John Tsang said that although democracy was an important component for political order, strong government and rule of law were indispensible. Photo: Simon Song

Strong government and rule of law are needed to maintain social and political stability, the city’s financial secretary wrote in a blog post on Sunday.

27 Oct 2014 - 12:01pm 36 comments

Occupy protests have hit credit-card spending, warns Financial Secretary John Tsang

Occupy protests have hit credit-card spending, warns Financial Secretary John Tsang

Credit-card spending has plunged as major shopping areas are hit by Occupy protests, the financial secretary says.

20 Oct 2014 - 8:38am 14 comments

John Tsang admits government not psychologically prepared for scale of protests

John Tsang 'lost sleep' worrying about protest escalation

Financial Secretary John Tsang Chun-wah has admitted the government had "no experience or psychological preparation" for the "unprecedented" Occupy Central campaign.

6 Oct 2014 - 8:04am 13 comments

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

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

I don't know quite what Tsang means by "persist", but I assume it is not that in 10 years' time he thinks we may still see thousands of kids blocking major thoroughfares in pursuit of open candidature for the election of chief executive.

6 Oct 2014 - 5:46am 18 comments

Financial Secretary John Tsang eyes law reform to attract capital to Hong Kong

John Tsang says the city will lose competitiveness if it does not reform trust services. Photo: Dickson Lee

Financial Secretary John Tsang Chun-wah yesterday said Hong Kong was amending its laws to become a more attractive financial hub, which analysts said would enable the city to compete against rivals such as Singapore.

24 Sep 2014 - 3:47am 2 comments

John Tsang calls for support on bill to exchange tax data

Financial Secretary John Tsang wants the bill to exchange tax data to be passed by 2016.

Financial Secretary John Tsang appealed for support for a bill he wants passed by 2016 to allow automatic exchanges of tax information with other governments, as pan-democrats threaten a "non-cooperation campaign".

22 Sep 2014 - 9:51am

Unpaid property taxes piling up in law firms a risk as Legco delays stamp duty bill, John Tsang claims

Unpaid property taxes piling up in law firms a risk as Legco delays stamp duty bill, John Tsang claims

Law firms risk having to keep an increasing amount in property taxes paid by clients because of a delay in passing legislation to enact a doubling of stamp duty, the financial chief claims.

7 Jul 2014 - 9:12am 3 comments

Financial Secretary John Tsang calls for compromise on electoral reform

Financial Secretary John Tsang calls for compromise on electoral reform

Financial Secretary John Tsang Chun-wah has urged lawmakers to agree on a compromise over the terms for electoral reform or risk damaging the city's economic future.

5 May 2014 - 8:45am 10 comments

Learn from Singapore's economic success, John Tsang tells Hong Kong

Financial Secretary John Tsang encouraged Hongkongers to look to Singapore's model when it comes to imported labour. Photo: SCMP

Hongkongers could learn from fierce rival Singapore's experience of using imported labour and reclaimed land to boost economic growth, Financial Secretary John Tsang Chun-wah said.

17 Feb 2014 - 5:08pm 35 comments

No strain in the Leung-Tsang relationship, says CE

Financial Secretary John Tsang Chun-wah (left) and Chief Executive Leung Chun-ying. Photo: David Wong

Chief Executive Leung Chun-ying on Wednesday denied a claim he was at odds over issues with Financial Secretary John Tsang Chun-wah, saying instead they worked well together.

The claim was made by a Leung ally, Hang Lung Properties chairman Ronnie Chan Chi-chung at a forum on Tuesday.

17 Jul 2013 - 9:03pm

Official meddling to blame for lofty home prices, too

Stanley Wong Yuen-fai.

I'm not quite sure what to make of this. The normal practice for testing public opinion on a new initiative is to have the top government official concerned call in selected journalists and tell them they can only attribute it to "a high-placed source".

11 Jun 2013 - 4:22am 4 comments

Finance chief John Tsang shrugs off Hong Kong's competitiveness rating fall

John Tsang Chun-wah. Photo: David Wong

Financial Secretary John Tsang Chun-wah has defended the economy in the face of a falling competitiveness rating, saying it is a periodic adjustment rather than a reflection of structural problems.

4 Jun 2013 - 9:57am

Lawmakers approve budget, to government's relief

Lawmaker Leung Kwok-hung is expelled from the Legco chamber yesterday. Photo: K. Y. Cheng

The city's annual budget was passed in the Legislative Council last night by a safe margin after a month-long filibuster. The long-awaited legislative approval ends the prospect of the government running out of cash to operate. Since the financial year started in April, it has been functioning on an interim fund of HK$75.5 billion.

22 May 2013 - 4:03am 2 comments

Up to radical lawmakers to solve crisis, says John Tsang

Thirty-five pro-government lawmakers are calling for Jasper Tsang to end the filibuster. Photo: Felix Wong

The budget bill filibuster is set to continue for a 10th day on Monday, after a fruitless meeting between the finance chief and radical lawmakers last night.

11 May 2013 - 5:24am

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