ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Opinion

Hong Kong's Ayn Rand fantasy hinges on just $5

Carrie Lam's ill-timed return to austerity will widen city's rich-poor divide

| Hong Kong
Carrie Lam speaks to media on Feb. 22: Hong Kong chief is probably the least coveted job in global politics.   © Reuters

William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."

After a truly dreadful 2020, Hong Kong's leaders are signaling the political equivalent of "hold my beer."

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more