
Business
Hong Kong must revive growth and drive reforms with government’s ‘visible hand’
By Marcus Chen
South China Morning Post
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When Grant Newsham, a retired US Marine colonel and security analyst, sat down for an interview that aired last month, he called China’s economic rise illusory and said there were “600 million Chinese at least who live on US$5 a day or less”. His remarks quickly drew online criticism as well as accusations that he was using outdated figures from 2020 while ignoring differences in purchasing power. Some commenters argued that uneven development was common across countries. Others questioned how...