Hong Kong May Boost Spending on Poor as Income Gap Widens

Hong Kong’s government may boost spending on the poor and elderly in its first budget under Chief Executive Leung Chun-ying tomorrow, as record home prices and falling ratings add pressure to narrow a widening income gap. The government may report a surplus of HK$55 billion ($7.1 billion), boost…

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Hong Kong May Boost Spending on Poor as Income Gap Widens

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