Breakingviews – Unrest is recurring cost of Hong Kong’s stinginess – Reuters


Today’s protests focus on resistance to Beijing’s influence, but local officials’ stubborn indifference to inequality since the last round of unrest in 2014 has stoked the flames. An ill-conceived proposal to allow extradition to mainland China triggered their anger, and their wish-list has since expanded to include universal suffrage and an investigation into police conduct. The owners of the Wellcome and Park’n’Shop supermarket chains, for example, have a combined 71% share of the market.

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