” Tsang strikes balance in Budget, Mong Kok unrest ”
By Chris Yeung
How to find a balance in the Hong Kong society in times of growing conflicts and hostilities in the political and socio-economic landscape has been likened as mission impossible.
In his 2016-17 Budget delivered on Wednesday, Financial Secretary John Tsang Chun-wah has shown wisdom and courage in making an attempt to do so, addressing a host of divisive issues including the Mong Kok disturbances and localism. Arguably, he has silenced pessimists, making a case that an impossible task could be made possible.
Thanks to the city’s massive reserve, Tsang can afford the generosity in pleasing most, if not all.
Finding a balance in redistribution of wealth when wealth is not in shortage is perhaps the easier part of the Budget. Indeed, he could have already done his job if he has not waded into the non-Budget part of the Budget.
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