Hong Kong Financial Secretary Paul Chan said the Heritage Foundation showed “political bias” in dropping Hong Kong from its Index of Economic Freedom. Photo: Xinhua
Hong Kong Financial Secretary Paul Chan said the Heritage Foundation showed “political bias” in dropping Hong Kong from its Index of Economic Freedom. Photo: Xinhua
Donald Low
Opinion

Opinion

Donald Low and Heiwai Tang

Hong Kong’s axing from Heritage Foundation’s Economic Freedom rankings a gift that will keep on giving

  • Market failures related to global finance and Covid-19 should have made policymakers realise that to function well, free markets require sound rules
  • Hong Kong needs to consider how it can achieve a better state-market balance in a post-pandemic world rather than cling to outmoded ideas of the free market

Hong Kong Financial Secretary Paul Chan said the Heritage Foundation showed “political bias” in dropping Hong Kong from its Index of Economic Freedom. Photo: Xinhua
Hong Kong Financial Secretary Paul Chan said the Heritage Foundation showed “political bias” in dropping Hong Kong from its Index of Economic Freedom. Photo: Xinhua
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