Hong Kong's Wealth Not Shared All Citizens - VOA Story

Hong Kong on July first marks the 10th anniversary of its return to Chinese rule. The Hong Kong government says the special region's economy is the healthiest it has been in a decade. But social workers say the gap between rich and poor has widened over the past 10 years. VOA's Heda Bayron visited one of the city's poorest districts -- where some elderly residents complain of neglect.

Rising demand from mainland Chinese buyers is fueling a boom in Hong Kong's luxury property market.

But some Hong Kong residents make due with less than four square meters. In a 47-year-old building in the low-income district of Sham Shui Po, the elderly, new immigrants, refugees and poor families struggle to survive.

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• Kong
• China
• Poverty
• Chinese

[chy5398p]

Honestly, Hong Kong is a good place to commute, eat, and shop for necessities, but a bad place to live, study, work (if you’re not in white-collar profession) and retire. Even though I was born in Hong Kong, I have no plan to return there, so long as Hong Kong has no retirement pension, universal health care, unemployment pension, free education from kindergarten to university, free housing, and, most importantly, radical and profound political, economic, social and environmental reforms.

[chy5398p]

In Hong Kong, competition is the daily game of its residents. Those who succeed in making residual income for life after earning active income and invest their money in business, vehicle, instrument and/or asset are able to get out of rat race and so they become rich. Most people, in contrary, are living in travail, unable to leave the rat race they have sworn to do so. (For details, visit my channel and watch my show called “Freeway to Financial Freedom”.)

[trent8002003]

There are societies where wealth is shared by ALL citizens : Soviet Russia and Cuba.

[Surrey12]

fuck hong kong phhoey

[szymonch]

What an awful and dumb propaganda.