HONG KONG Message Board

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Strategies & Market Trends : HONG KONG

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To: ---------- who wrote (1356)	2/18/1998 10:12:00 AM
From: Richard Tsang	Read Replies (1) of 2951

Doug, I am glad to hear of the greater than expected surplus in HK. Interesting observation on the salary comparison and I agree that there is little meaning in comparing salaries between locations unless you are making a move and want to know the impact on your standard of living in the new location. Try this site. It calculates the salary needed in the new location to maintain your current purchasing power at home country. www2.homefair.com As for comparison of competitiveness, which I think is what Chen tries to get across, there is truth to first looking at the salary levels of the workforce, among many other things such as office rental, communications and other infrastructure, the efficiency of the workforce, etc. These are the key considerations for potential investors in the location...just like the fundamentals we look at each companies we invest in. RT

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