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Independent aggregation • v2.4.14 • 2026-08-06

WHY DOES HONG KONG NEED A 5-YEAR PLAN – AND WILL IT CRIMP ITS FREE-MARKET ECONOMY?

1 min read • 2 hrs ago • News - South China Morning Post • [src]
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News - South China Morning PostWHY DOES HONG KONG NEED A 5-YEAR PLAN – AND WILL IT CRIMP ITS FREE-MARKET ECONOMY?2 hrs ago

WHAT HAPPENED

As the government completes a public consultation exercise to craft the city’s own five-year plan to align with national development, the first of this five-part series looks at key questions, starting with the need… Economist Heiwai Tang has a line he likes to use on free-market purists: “The market is almost always right, but it’s not always right.” While Hong Kong has long been ranked the world’s freest economy, Tang, an…

News - South China Morning Post reports that as the government completes a public consultation exercise to craft the city’s own five-year plan to align with national development, the first of this five-part series looks at key questions, starting with the need…

The report adds: Economist Heiwai Tang has a line he likes to use on free-market purists: “The market is almost always right, but it’s not always right.” While Hong Kong has long been ranked the world’s freest economy, Tang, an…

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