While Hong Kong’s business-friendly environment and low taxes are a distinct competitive advantage, no change may no longer be an option. Photo: K. Y. Cheng

Not if, but when: Higher taxes needed in Hong Kong to ensure a sustainable future for its citizens

Alex Malley says with an ageing population and a growing income gap, the government will have no choice but to implement reforms to ensure the city can prosper

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While Hong Kong’s business-friendly environment and low taxes are a distinct competitive advantage, no change may no longer be an option. Photo: K. Y. Cheng
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