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Both domestic and tourism spending remained very robust during the period, consistent with the local consumption picture in Hong Kong and higher tourist arrivals. Despite the volatility in retail sales figures in recent months, the trend is still pretty strong. - Tai Hui Quotes

Both domestic and tourism spending remained very robust during the period, consistent with the local consumption picture in Hong Kong and higher tourist arrivals. Despite the volatility in retail sales figures in recent months, the trend is still pretty strong.

It's difficult. We need to boost the competitiveness of Hong Kong workers. That could be done by education but that's a medium-term solution. - Tai Hui Quotes

It's difficult. We need to boost the competitiveness of Hong Kong workers. That could be done by education but that's a medium-term solution.

The difficulty for the government is how to slow investment and credit without checking overall growth. Over the past two years we have seen the government take measures that have sometimes been ineffective or that have had to be reversed after a brief period. - Tai Hui Quotes

The difficulty for the government is how to slow investment and credit without checking overall growth. Over the past two years we have seen the government take measures that have sometimes been ineffective or that have had to be reversed after a brief period.

There's a need for the government to maintain social stability in the community and there's a need for higher welfare payments, partly because of higher inflation we've seen in the last year or two and the growing needs of the elderly. - Tai Hui Quotes

There's a need for the government to maintain social stability in the community and there's a need for higher welfare payments, partly because of higher inflation we've seen in the last year or two and the growing needs of the elderly.

People have more faith in Hong Kong's logistics. Low value products are shipped directly out of Shenzhen to the world, higher value products come out through Hong Kong. It's the guarantee of safety. - Tai Hui Quotes

People have more faith in Hong Kong's logistics. Low value products are shipped directly out of Shenzhen to the world, higher value products come out through Hong Kong. It's the guarantee of safety.

Faith

They have been doing a lot of domestic traveling in the last couple of years and they are very willing to come out and spend and enjoy themselves. - Tai Hui Quotes

They have been doing a lot of domestic traveling in the last couple of years and they are very willing to come out and spend and enjoy themselves.

Disneyland in Hong Kong has been a success story in attracting Chinese tourists. People are willing to pay a bit more for something that is run by an overseas operator and has the international vibe. - Tai Hui Quotes

Disneyland in Hong Kong has been a success story in attracting Chinese tourists. People are willing to pay a bit more for something that is run by an overseas operator and has the international vibe.

Electricity doesn't travel very well. And there's no big power consumer among China's immediate neighbors that China can sell to. - Tai Hui Quotes

Electricity doesn't travel very well. And there's no big power consumer among China's immediate neighbors that China can sell to.

The government would like to see a bigger push from the private consumption side to drive the economy, ... is pretty good news for some of these foreign companies. - Tai Hui Quotes

The government would like to see a bigger push from the private consumption side to drive the economy, ... is pretty good news for some of these foreign companies.

It seems the economy is still in pretty good shape. Net exports are still a major contributor. - Tai Hui Quotes

It seems the economy is still in pretty good shape. Net exports are still a major contributor.

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