Rent Seeking

Why Hong Kong’s latest No 1 ranking was greeted with silence

Transportation is just one of the sectors in Hong Kong dominated by a very small number of firms. Photo: Nora Tam

You know how it is when Hong Kong tops a world comparison table: first comes a flurry of self-congratulatory articles, and then there will be a smug government statement to the effect that this confirms whatever it is supposed to confirm.

Wednesday, 2 April, 2014, 8:05am 24 comments