Do you expect Hong Kong to adopt the yuan as its currency anytime soon?
Even when the yuan becomes fully convertible, I don’t see us using it rather than the Hong Kong dollar. It’s a currency we are all familiar with, and our dollar is pegged to the U.S. dollar. I don’t have any intention of reviewing the peg]. Can Hong Kong ever return to the 2% unemployment level seen before 1997 now that the current rate is 7.1%? It’s going to be a huge challenge to get unemployment down to those levels: 2% is not healthy. I think 4% to 6% is full employment. In the financial sector, people can find jobs. But others have a hard time finding jobs in a knowledge economy. Tourism can help [generate jobs]. So we will continue to advertise Hong Kong as a cosmopolitan city. There’s a perception that the recent resignations of Hong Kong radio talk-show hosts were due to political pressure. Has that perception caused any economic fallout? So far, I don’t see any fallout. I don’t think the people think the Hong Kong government is behind it. The freedom to express oneself is a fr
