Financial Times FT.com

Outside Edge: A tax-free toast to Hong Kong

By Robin Kwong

Published: February 29 2008 19:26 | Last updated: February 29 2008 19:26

With an economy growing at more than 6 per cent annually, what does Hong Kong have to fear?

Plenty, if you ask the economic and political elite in “Asia’s World City”. There is the ageing population, bad air quality and the increasing threat of being marginalised in China’s growth story. Other regional competitors, such as Singapore, are also vying for the title of being Asia’s premier financial centre.

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