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Hong Kong is a basket case

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  1. #131

    Join Date
    Sep 2022
    Posts
    1,371

    I found it..

    https://www.thestandard.com.hk/secti...h-pun-intended


  2. #132

  3. #133

    Join Date
    Sep 2022
    Posts
    1,371

    Chinar..

    Good luck with that.. if things like that actually worked, you wouldn't still be at where you are highlighting patriots only after decades of this >.<

    Cannot evolve cannot change. Darwin just somehow stopped working.


  4. #134

    Join Date
    Aug 2008
    Location
    猴山
    Posts
    23,652

    The decline of Hong Kong

    A thread to post reports of HK's falling scores - Good or Bad


  5. #135

    Join Date
    Aug 2008
    Location
    猴山
    Posts
    23,652

    City registers record low 32,500 births in 2022

    https://www.scmp.com/news/hong-kong/...gtype=homepage


  6. #136

  7. #137

    Join Date
    May 2021
    Posts
    1,733

    No worries, we can import children also from mother(land), wait she wants more children herself..

    https://www.thestandard.com.hk/break...-years:-survey


  8. #138

    Join Date
    May 2021
    Posts
    1,733

    No worries, mainlanders will come again and save the day..

    "(Hong Kong) will never be back to the level it was, like a decade ago, when it was the only, I would say, duty free location where Chinese would go," L'Oreal CEO Nicolas Hieronimus told Reuters. "Now they have many more options."

    Duty free malls in Hainan, where tourists are the main customers, reported an 84 percent jump in sales in 2021, the latest data from consultancy Bain & Co showed, outpacing the mainland's average growth rate of 36 percent in luxury sales for that year.

    Hainan also accounted for 13 percent of China's domestic luxury spend in 2021 versus 6 percent pre-pandemic, and tax regulations are set to ease further, allowing more duty-free stores to open.
    That helped China's domestic luxury sales double to 471 billion yuan (US$68.8 billion) in 2021 from 2019, according to Bain. That outstripped total Hong Kong retail sales from a peak hit in 2013 at HK$494.5 billion (US$63.0 billion), according to the city's statistics department.

    This imbalance in favor of increasing sales in China had big luxury brands opening stores across the country over the last few years, according to filings and company websites.

    Hermes, with 27 stores in the mainland, opened a new, enlarged store in Nanjing in January, relocating to upscale mall Deji Plaza. It first opened a store in 2010 in the eastern city.

    Gucci owner Kering opened nine boutiques in Greater China in 2021; upscale men's suit maker Brioni opened stores in Chengdu, Wuhan and Shenzhen; jeweler Boucheron opened two mainland stores.

    https://www.thestandard.com.hk/breaking-news/section/4/201149/

  9. #139

    Join Date
    Jul 2017
    Location
    Dubai
    Posts
    582
    Quote Originally Posted by ndt:
    No worries, mainlanders will come again and save the day..




    https://www.thestandard.com.hk/breaking-news/section/4/201149/
    When you mess around with something that gives you a particular reputation, people start looking for other options they never thought of before. And once they find those options, they will not see you the same again.
    ndt likes this.

  10. #140

    Join Date
    Feb 2019
    Posts
    3,240
    https://www.economist.com/britain/20...arents-working

    Feels like they could be learning a lesson from HK here?

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