Hong Kong As it was five years ago during the Umbrella Movement, Hong Kong’s legislature is under siege by angry protestors. The government, itching to get a controversial extradition law on the books has, at least temporarily, been thwarted. This follows an extraordinary demonstration on Sunday when more than a million people flooded the streets
At times of financial crisis there is often a feeling that all the old certainties have been blown away. But what is striking about the entire history of stock-market crises is that they fall into a pattern — and this pattern makes it possible to make broad predictions about the panic cycles that have been
Waiting for the bursting of the Chinese share bubble is like waiting for an avalanche. You can hear the rumbling but you have no idea when and where it will strike. Among the most bemused of those waiting to find out are the Chinese authorities — torn between pride in the prowess of their markets
The novelist James Clavell must have purchased a job lot of clichés when he wrote his two fictional blockbusters based on the history of the Hong Kong-based Jardine Matheson business empire. Noble House is set in the modern era, but it is Taipan, set in the 19th century, that is the more notorious of the
The Valhalla which is Hong Kong’s low and simple taxation system is set to be demolished. The government of the Special Administrative Region of the People’s Republic has come up with the bright idea of getting its people to share the festering sore which in Britain goes by the name of Value Added Tax and