Hong Kong news 15 October

Apologies for the lack of news yesterday, but my one-eyed reporting was compromised by my need to go out for dinner. Never fear: I have covered two days' worth of news today.

Please note the change in the title. My mornings are getting quite busy (due to the extra sleep I am getting) so I'll post the news whenever I feel like it. This is from the South China Morning Post (SCMP), a pro-Beijing English daily. Actually, it's the top selling English newspaper in Hong Kong and is about as objective as The Citizen/Daily Mail.

The Singapore skyline. Image hakked from finmath.uchicago.edu. Thanks folks.

CHINA AND INTERNATIONAL
Singapore's economy laughed off the recession as it grew 18.1% in the first half of this year which is the greatest increase since records began in 1975. How weird that these British colonies are better at British things than the British are...? Banking and economics in this case.

Beijing will spend 4 trillion yuang (which is about 4.1 trillion ronts) over five years across key industries: energy, materials, IT, biology and new medicine, aerospace, marine, manufacturing and hi-tech services. How cool would it be if China joined the space race?

The dollar weakend to its lowest level in recent times yesterday, including dropping to 81 Japanese yen. The Hong Kong Dollar is pegged to the US Dollar so the debate as to whether it should be unpegged is raging again, although HK CEO, Donald Tsang says that it is a lifeline (or some such shitty analogy) and that the currencies will remain pegged.

HONG KONG
Chief Executive, Donald Tsang Yam Kuen (basically the president of Hong Kong) gave his penultimate policy address on Thursday. Hong Kong's biggest social problem is housing. Poor people cannot afford to live here because the huge demand for houses, and the trickling supply of them forces the prices sky high. Tsang proposed two initiatives to help people with housing. The first being a rent-to-buy where purchasers rent a property for a fixed term and then decide to buy it - the rent they've paid counts as money spent towards buying the house. The second initiative is to make 20 000 property units available every year to keep the property prices at an acceptable level. Critics believe that neither of these initiatives will work, and as this is the "We love the Chinese Government" English mouthpiece, the SCMP has quoted every critic it can find. At length.

A cab driver was arrested for taking advantage of drunk people who wound up in his taxi in the early hours of the morning. A stiff sentence - 32 months in prison - for stealing from 10 different passengers (wallets and phones and things) while they lay passed out in his car is reflective of the fact that I am not going to flout the law here.

Property magnate and government employee, Lau Wong-fat, the Hong Kong government's Peter Mandelson, a man who's crookedness seems to be reported on every day, has received the backing of Donald Tsang, the HK CEO. Lau Wong-fat probablty owns Tsang's house.

Donald Tsang has promised to table a bill regulating working hours. In yesterday's paper, a woman didn't qualify for a public transport discount because she worked less than 72 hours per week... so there are people that work more than that. Seriaas. It pays to be on the correct side of colonialism, doesn't it?

50%-60% of Hong Kong's waste is recycled. I find this very hard to believe. But the greenies don't even think that's high enough as South Korea allegedly recycles 90% of its waste.

An anonymous threat grounded 14 Cathay Pacific flights (13 passenger, 1 cargo) yesterday. It was later found to be a hoax. I hope they catch this anonymous caller and castrate him (or de-tit her). There is nothing more infuriating. Well, an actual bomb I suppose...

SPORT
China will be sending over 1500 participants to the Asian Games in Guangzhou next month. Insanity.

There is absolutely no sport news regarding Hong Kong. It's all Liverpool, baseball, Chinese basketball... so you'll have to wait I'm afraid. I think the Hong Kong Sixes cricket squads have been announced though, so let me see what I can dig up. Keep an eye on twitter.

Finding a flat

The average size of a Hong Kong apartment.

As you know, Hong Kong is full of lank tall buildings - many of which are shoddily-built, cheap, crap accommodation - due to the ever-neccesary need to house the 7 million people dwelling here. Think 10-story buildings with no lifts, 200sq ft studio apartments (divide by about 10.7 for sq metres) going for HK$10 000 (about R9000) per month because flats here are hard to come by and so the price is quite ridiculous.

It's not easy. You are not going to live in a big flat, you will not have a garden. Buying a flat solely on space... well that philosophy will disappoint you - and your prioroties need changing. That being said, you are going to be looking for property amongst the glinty lights of one of the most beautiful skylines in the world, so there are, of course, definite benefits in living here.

It does mean that your factors which decide whether a flat is good or not change. As I mentioned, throw space out of the window. What you want in that sense is storage and place to store furniture. We want a 2-bedroom place, but there's no point in two rooms if one of them is too small to put stuff in (which is the case with plenty). We want one bedroom where we'll sleep, and to use the other as an office and guest room, so it will need a desk and sleeper couch to fit snugly - problem is that with an open sleeper couch in Hong-Kong-number-two-bedrooms is that the bedroom door won't close. I swear, these apartments are that small.

Kitchen space also seems a concern for many prospective renters, as every estate agent we've come across tells us about the size of it. Well, from our point of view, if the house has a microwave in it, a place for the cleaner to wash the dishes and somewhere to keep the beer cold, we're quite pleased.

Furniture in this city is as cheap as chips. Second-hand furniture is, obviously, even cheaper. We are going to check out some oke's spread of stuff this evening, where for about R1000 we will get a couch, tables, chairs, wardrobe and some useful extra appliances thrown in like a rice cooker (hahahaha) and a shoe rack (collectively, Mike and I own six pairs of shoes). It does mean that we don't need to find a furnished place, which we expected we'd have to do when we arrived.

Getting out of this tiny studio "serviced" apartment is goal number one. We're both getting a bit antsy living in such a tiny space - I am starting to be able to empathise with the Chilean miners - and we have way too much stuff to fit in here (and four boxes which are being shipped, currently en route to Hong Kong). We are out of the flat regularly - running every night, eating out, testing out the plethora of bars in this district (we're right near Soho), I often meet Mike for lunch during the day, exploring other parts of Hong Kong as well as planning our first Asia trip, which, currently, is looking like Seoul, but we're not really sure yet.

Hopefully when we do decide to go, it's from a base which we can call home. We're pretty close to choosing one now, so cross your bloody fingers. It's where you're staying when you come and visit.

Hong Kong morning news - 11 October

Please read for a completely unbiased ad objective interpretation of the news emanating from this morning's South China Morning Post:

Unsurprisingly, the big news out here at the moment is the Chinese chap, Liu Xiaobo, who won the Nobel Prize for Peace but rots in a prison cell (you know how dangerous advocating democracy can be, right?). The new controversey, though, is what has happened to his wife, Liu Xia. Some sources say she ran, some say she is being detained at her apartment in Beijing, and some say she's been detained elsewhere. The SCMP quotes Freedom Now, a Washington-based human rights organisation as saying that Liu Xia hasn't been charged with a crime, but she is under house arrest and barred from speaking with friends or to the media.

Every city has its thing that bugs it the most: in Joburg it's crime, in London it's immigration, in Cape Town it's poor people... in Hong Kong it's very much property. 7 million people live in this city that's pretty tiny space-wise. So property, as you can imagine, is hecka expensive, and property dealers are the super rich folks here. But like seriously expensive and kak rich, respectively. So it's always pretty cool when a launch from a rich-ass property company fails somewhat because people won't pay HK$5.7 million (about R5.2 million) for a 401 square foot (37.2square metres) flat - that's R140 000 per square metre. Only two fo the 96 flats were sold. Yee ha!

If you want an example of a property tycoon in this part of the world, a chap called Lau Wong-fat is in kak for failing to disclose all his assets as he now has some involvement with Legco, Hong Kong's kind of parliamentry government board. Well, he accidentally forgot 390 plots of land, bringing his total of land plots and property up to 724, in this city where accommodation is so hard to come by...

137 couples were married yesterday because they wanted the 10-10-10 notable date for some or other reason. (To put that into perspective, though, there were over 10 000 weddings in Shanghai yesterday.) Also, in yesterday's newsaper, McDonalds (at selected branches) will be offering McWeddings. People can rock up, pay cheap, get everyone fed, sort out the nuptuals, and then go home. It's yet another indication that people in Hong Kong seem to take weddings really seriously.

In sport, Hong Kong are looking forward to the Rugby Sevens at the Asian Games in Guangzhou next month, even though they've been drawn in the same group as Japan, the only Asian team to beat them in the last two years. Due to the structure of the tournament, though, the two teams could still meet in the final of the competition.