Thoroughly revised and updated, this second edition discusses how the land system in Hong Kong, inherited from the British, has helped to create unrivaled wealth for the ruling class and how the lack of competition law has encouraged industrial and economic concentration in these same entities.

Arguing that the land system, industrial concentration, and phenomenal wealth imbalance have given rise to a host of social and economic ills, the concise analysis concludes by offering solutions to heal Hong Kong of these problems.

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