<<Most of them channel money back to their homeland. They do NOT import skills to HK. Go to Nathan Road Tsim Sha Tsui. See how many end up as security guards.>>
... rubbish. They are in HK because HK hired them, to work as domestic helpers and waiters/waitresses in eateries serving English-speaking customers. They are hired because there are patrons for their services, because HK has the money to pay for these nice to have and otherwise required services. If it were not so, they would not be hired and would stop coming. Econ 101 stuff, why are you arguing about their existence as a negative to HK economy?
<<That's not prosperity of economy>>
... like I noted above, balderdash.
<<There's not much R&D to speak of in HK that drive the economy>>
... HK had never R&D-ed. So what? R&D is for others to do, we merely take advantage of the R&D and exploit the R&D-ers.
<<What happen if HK loses "gateway-to-China" status ?>>
... you mean, like now and since 9 years ago? Why, nothing, we get wealthier, leveraging China, exploiting America, making do on Europe, and helping out our neighbors in Asia.
<<How many people can HK sustain ? 10 million ???>>
... something like that, and we are at 7. Between money printing and net immigration, by folks from all around, plus urban redevelopment and township upgrades, an easy double. Didn't you hear, the banks in HK just announced a lowering of interest rate? No, then I guess you are not current on HK. |
