Belt-tightening in Hong Kong

A strange side-benefit of the Asia crisis: Hong Kong becomes less brash, and the service improves. "I've always preferred living in Hong Kong during a recession," says John Manser, the great taipan of Robert Fleming, from the comfort of his London office.

A strange side-benefit of the Asia crisis: Hong Kong becomes less brash, and the service improves. “I’ve always preferred living in Hong Kong during a recession,” says John Manser, the great taipan of Robert Fleming, from the comfort of his London office.

How true, how very true, I reflect later as I tip a pathetically grateful taxi driver. With unemployment hovering above 5% – and rising – the people of Hong Kong seem to be recovering their manners.

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