As cities on the mainland zoom ahead in the use of new technologies, Hong Kong cannot partake in the race without strong government backing, which current Chief Executive Carrie Lam is finally providing. Photo: Nora Tam
Regina Ip
Opinion

Opinion

Regina Ip

Don’t be fooled by the free-market mantra. Hong Kong’s economic fortunes have changed dramatically in 25 years

  • The city’s free-market economy is stagnating, and entrepreneurs are not creating new value. The world has changed since Hong Kong was first named the world’s freest economy and the government needs to intervene more to stop the rot

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As cities on the mainland zoom ahead in the use of new technologies, Hong Kong cannot partake in the race without strong government backing, which current Chief Executive Carrie Lam is finally providing. Photo: Nora Tam
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