Good policies, not scare stories, are expected of John Tsang and company
Philip Bowring says the financial secretary's dire warning about Hong Kong's depleting reserves only masks official incompetence in tackling the city's key challenges
Philip Bowring has been based in Asia for 39 years writing on regional financial and political issues. He has been a columnist for the South China Morning Post since the mid-1990s and for the International Herald Tribune from 1992 to 2011. He also contributes regularly to the Wall Street Journal, www.asiasentinel.com, a website of which he is a founder, and elsewhere. Prior to 1992 he was with the weekly Far Eastern Economic Review, latterly as editor.