The government might have to spend up to HK$1.43 billion to provide more hostel accommodation for non-local university students as part of a strategy to ease bottlenecks faced in turning the city into a regional education hub.
South China Morning Post, October 30
I have a great idea for diversifying our economy and building a new future. Let's make Hong Kong a Hardware Hub.
What we'll do is buy hardware goods from suppliers around the world and then sell them dirt cheap to customers from around the world. For instance, let's say we can source garden shears from eastern Europe at HK$100 a unit. What we'll do then is sell them at HK$75 a unit here.
We can do it for almost anything in the hardware line - hammers, saws, carpet underlays, bathroom fixtures, spades, paint brushes, you name it, we could be the worldwide retail centre for them all.
And if cutting our prices to 25 per cent below our cost isn't enough to bring customers from around the world, we'll cut them by 30 per cent, 40 per cent, whatever it takes. At some point people will certainly come, count on it.
