Illegal cubicle homes on the rooftop of an industrial building in Kwun Tong. The source of Hong Kong’s misery is its economic system, the wrong-headed belief that the free market alone will solve every social problem. Photo: Dickson Lee
Graeme Maxton
Opinion

Opinion

The View by Graeme Maxton

How Hong Kong can put an end to protest chaos – it’s about the economy, so fix the deep divide

  • Hong Kong is a free market on steroids that serves the rich. As discontent over an unjust system boils over, it’s time to introduce easy policy fixes

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Illegal cubicle homes on the rooftop of an industrial building in Kwun Tong. The source of Hong Kong’s misery is its economic system, the wrong-headed belief that the free market alone will solve every social problem. Photo: Dickson Lee
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Protesters face off with police in Ma On Shan after the arrest of pro-independence activist on August 2. Photo: Felix Wong

UBS slashes Hong Kong GDP forecast as trade war, protests weigh on city’s economy

  • Swiss bank cuts forecast to 0.8 per cent from 2.4 per cent for 2019
  • Downgrade came after GDP growth fell below expectations in second quarter
Topic |   Hong Kong economy

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Protesters face off with police in Ma On Shan after the arrest of pro-independence activist on August 2. Photo: Felix Wong
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