News Snapshot:
Paul Chan says he plans to maintain spending levels to protect living standards as coronavirus ravages the economy Major tax reforms for the next two budgets all but ruled out, ahead of Chan’s flagship speech on February 24 Paul Chan says he plans to maintain spending levels to protect living standards as coronavirus ravages the economy, despite stark decline in government’s finances. Hong Kong’s financial chief has revealed he plans to maintain or even increase levels of public spending in the forthcoming budget to protect livelihoods during the economic downturn, despite the heavy strain on government funds. Paul Chan Mo-po...