Back from the HK buzz!
Jun. 16th, 2008 by AlHi guys,
Just got back from Hong kong last week and like to share some of my thoughts of the commercial city .Singapore tends to be more sterile compared to HK for their buzz and thrill of the street life. It’s been more than a decade since I first step into HK and so the changes are more obvious.Transportation of trains and buses definitely have improved and is comparable to Singapore.
Crude decline may change HK in the coming decades, as declining populace of local HK chinese finds it more challenging to support a high cost consumer society bringing in more mainland cousins to fuel the habit, it’s been already been opening up for skilled labour I guess.
The HK model of property and financial services may not be a strength in oil shortage era.As the two industries tend to be linked with abundent and cheap oil in the last century.Can the future HK meet the challenge and change into a sustainable economic model?
The transition would take discipline and creativity which HK is stronger in the latter and Singapore stronger on the former.
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