Live and learn. When I was in school, I learned in physics that there can only be one pivot in any pivotal operation, and I learned in economics that the pivot of market operations is price.
- Mon
- Mar 4, 2013
- Updated: 7:06pm
Trending topics
28 Feb 2013
At the Central Economic Work Conference late last year, overcapacity was highlighted as a problem prioritised for action this year. So, just before the Lunar New Year, 12 ministries and state...
12 Feb 2013
The free market has been a wonder of our age. Its ideas have been like some remarkable scientific breakthrough that transformed the world. The free market propelled America and the West to global...
8 Feb 2013
We often see people trying to divert attention from their inadequacies by stirring up trouble and using conflicts and setbacks to their advantage. The baby formula shortage in Hong Kong is a...
29 Oct 2012
The new stamp duty policy announced last Friday for non-local home buyers in Hong Kong is more than a new property rule as it puts the government on the fast track to greater regulation in a city...
I am not a property industry expert but as a writer and reader, honestly speaking, I can tell nowadays in both Hong Kong and Mainland China, anything related to property prices has become more and...
23 Things They Don't Tell You About Capitalism
by Ha-joon Chang
Allen Lane, HK$255
Premier Wen Jiabao said 2010 would be the most complex year yet this century for the mainland economy, and pledged to prevent inflation and rein in skyrocketing property prices, in an online chat...
Recently, I awoke to find my phone line had been cut off. The recording at the other end said I had not paid my bill, and the line would only be reconnected once I did.
The Consumer Council released its study on the competitiveness of the private residential property market last Thursday and concluded that it is not competitive and not contestable. According to...
IT is sometimes argued that China's budding property rights market, which is a far cry from being properly regulated, should be limited to private enterprise.
While it sounds as if...
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