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Hong Kong business sector, lawmakers hail minimum wage formula, but economist warns over risks of potential price spiral

Proponents say formula provides ‘objective data’ in determining wage levels, but one economist has warned the measure could trap the city in a wage-price spiral.

Hong kongLee shu kamDemocratic alliance for the bettermentHong kong federation of restaurantsShue yan university departmentFederation of trade unionsWong ka woHong kong federationRelated tradesFrankie ngan man yuDemocratic allianceExecutive councilShue yan universityDennis leung tsz wingTrade unionsConsumer price index

Hong Kong s economic growth depends on mindset shift, former leader CY Leung says citing trade, shipping services as focus areas

CY Leung identifies trade and shipping services as areas for city, in pursuing second- or third-tier mainland Chinese companies to set up offices.

University of hong kongHong kong generalHong kongLee shu kamTerence chong tai leungLau chor tak institute of global economicsHong kong shue yan university departmentChinese university asia pacific institute of businessChinese university of hong kongChinese peoplePolitical consultativeHong kong shue yan universityLau chor tak instituteGlobal economicsChinese universityLee siu po

Lee Shu Kam | South China Morning Post

Lee Shu Kam is associate head of the Department of Economics and Finance at Hong Kong Shue Yan University.

Hong kongLee shu kamஹாங் காங்லீ ஷு கம்

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