Negroni inflation is out of control
Forty years ago this Christmas I visited Hong Kong for the first time – a few days after the signing in Beijing of the Sino-British Joint Declaration that sealed the former colony’s transfer to mainland rule in 1997. It was a moment of apprehension, but at least the timetable had been set. And how lucky I was to have experienced that extraordinary outpost as it was then, in such contrast to what China’s masters have made it now. The Christmas Day service in St John’s Cathedral, overhead fans stirring the turbid air, was a poignant glimpse of Hong Kong’s past. Norman Foster’s Hongkong Bank building, the most expensive in the