Hong Kong has little to gain from relaxing rules just for competition's sake

Kuala Lumpur? We are reaching well down the barrel if Kuala Lumpur ranks as a global financial centre. Why not scrape the bottom then? Why not Dubai, Vanuatu or the Cayman Islands? All of them are recognised names in global finance.

via Business feed http://www.scmp.com/business/banking-finance/article/1375561/hong-kong-has-little-gain-relaxing-rules-just-competitions