A television screen shows Hong Kong chief executive John Lee delivering his annual policy address in the Legislative Council chamber in Hong Kong on Oct 16, 2024. - AFP
HONG KONG: Hong Kong’s leader announced a cut to liquor tax Wednesday (Oct 16) as the Asian financial hub hopes to revive its reputation as a travel destination with a vibrant nightlife and dining scene.
After fulfilling Beijing’s long-standing imperative to enact a homegrown national security law, Chief Executive John Lee now faces challenges with economic competitiveness against regional rivals like Singapore, Japan, and mainland Chinese metropolises.
