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Article: Hong Kong's year of the dragon.(Commentary)(Op-Ed)
- Article from:
- The Washington Times (Washington, DC)
- Article date:
- June 12, 1997
- Author:
CopyrightCOPYRIGHT 1997 News World Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Hong Kong, so a local saying goes here, is one of the few places in the world where you can have an idea at breakfast, incorporate your company at lunch and turn a profit by dinner. Or, as another saying goes, when you look down at night from Kong Kong's Victoria Peak over the teaming skyscrapers below, every light you see represents at least one million Hong Kong dollars. More than anything, Hong Kong has the feel of Manhattan on steroids (with palms), a pulsing money-making machine whose prosperity is built on a combination of British law, the world's most liberal trade and tax laws, and Chinese enterprise, which, when unrestrained by the cold hand of state control, is ...