We are not having a debt crisis.
It's important to make this point, because I keep seeing articles about the "fiscal cliff" that do, in fact, describe it - often in the headline - as a debt crisis. But it isn't. The US government is having no trouble borrowing to cover its deficit.Sunday, 16 December, 2012, 3:35am
When the Legislative Council convenes on October 10, Chief Executive Leung Chun-ying, besides finding a more fragmented legislature, is also likely to face an uphill challenge - to regain the trust of the pan-democratic camp and rebuild their working relationship.27 Sep 2012 - 10:02am
The turnout for Sunday's Legislative Council election was much bigger than in 2008, but the big-picture outcome was almost identical. The pan-democrats won 27 of 70 seats, versus 23 of 60 seats in 2008. With more than a third of the seats, they keep their veto of major constitutional changes.13 Sep 2012 - 6:52am 4 comments
Chief Executive Leung Chun-ying faces fresh challenges after Sunday's Legislative Council election produced a more fragmented legislature and signalled the continued rise of radicals in the pan-democratic camp.
A divided Legco will make it more difficult for Leung to pursue his agenda on such controversial issues as national education, standard working hours and electoral reform.11 Sep 2012 - 4:17pm