Thursday, February 28, 2013

John Tsang's big problem is how to hide Hong Kong's cash





Financial Secretary John Tsang Chun-wah was up to his usual tricks with the budget yesterday. His overriding problem is how to hide the oodles of cash that flow into the government coffers. There was the usual "magic" when the budget surplus of HK$3.5 billion forecast last year turned into a surplus of HK$65 billion. For some reason, this appalling inability to get anywhere near the right figure is almost viewed with pride.









via Business feed http://www.scmp.com/business/article/1160438/john-tsangs-big-problem-how-hide-hong-kongs-cash

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