Hong Kong's competitiveness has been much debated in recent weeks. A survey to be released today - on the relative appeal of our city to people from other parts of the world - will raise fresh concerns. As we report today, the survey will show that Hong Kong has fallen from 20th to 32nd place among the best locations for Asian expatriates in ECA International's annual study of 257 cities around the world. Among Asian locations it has fallen from third to fifth place.
The reasons given by the organisers of these rankings are ones that certainly worry Hong Kong people - air pollution and the health risks posed by infectious diseases, as well as recent food scares. Previous research has also cited typhoons and issues including availability of accommodation and utilities.
Because of such negative aspects, Hong Kong for the first time joined the list of cities where hardship allowances are considered necessary to attract and keep foreign talent. This is, perhaps, overstating the case. But the survey is a reminder that Hong Kong cannot afford to be complacent - especially where quality of life issues are concerned.
Only so much can be read into such surveys. A city cannot be all things to all people; we are, after all, individuals with different likes and dislikes, whether from the mainland, elsewhere in Asia or beyond. Surveys that rank cities according to how desirable they are perceived to be are, therefore, subjective by their nature.
Our rival Singapore led the rankings, based on its high-quality transport, communications and health facilities, and low health risks and crime rates. The conclusion of the findings is that the city state is a healthier, cleaner and safer place in which to live than Hong Kong, and therefore more attractive to expatriates.
These are truly subjective conclusions; those who have been in Singapore during bouts of smoke haze from forest fires in Indonesia would raise an eyebrow, as would those who lived through the outbreaks of bird flu and Sars here and who know that our city is now probably one of the safer places when it comes to protection systems against infectious diseases.