Hong Kong News

Nonpartisan, Noncommercial, unconstrained.
Saturday, Jun 10, 2023

Chan defends watered-down sweeteners

Chan defends watered-down sweeteners

The government cannot "play generous" because it can only afford sweeteners that are "not as sweet," Financial Secretary Paul Chan Mo-po told a caller who urged him to "learn from Macau" and hand out HK$10,000 every year.
On a radio program a day after his budget speech, people phoned in and complained to Chan that the scaled-down e-voucher - worth HK$5,000 - and relief measures were insufficient.

Caller Cheung questioned Chan's "moderately liberal" approach when Hong Kong still has HK$817 billion in reserves.

"Macau gives out MOP10,000 (HK$ 9,708) every year. We can't lose to them. Don't you think Hong Kong should be ashamed?" he asked.

Chan replied: "The sweeteners are just not as sweet. I hope everyone can understand that we have done everything we can. We can't play generous just for the sake of it."

Caller Ho slammed the tobacco tax rise to HK$72 for a pack of cigarettes, asking: "Does that mean people with power and influence can smoke and drink, while the poor can't afford to?"

Chan said. "We took into account the health of the general public, not just smokers. We had to consider the effects of secondhand smoke."

Caller Chiu asked for higher tax, rates and rent waivers, but Chan said the city's treasury cannot support policies designed to meet individual needs.

At a Legislative Council finance committee meeting which Chan attended, Election Committee lawmaker Doreen Kong Yuk-foon slammed the budget for "lacking support for the middle class," adding that the progressive property rates introduced will lead to "downward mobility."

Chan said he "always thinks of" the middle class and that the government decided to collect "more rates from the more expensive properties and more capable landlords."

Welfare sector lawmaker Tik Chi-yuen slammed Chan for the 1 percent cut to welfare spending.

Tik said the budget also failed to address poverty - a major goal laid out in October's policy address.

"Secretary, do you expect the Commission on Poverty to carry out the government's targeted poverty alleviation strategy well just by pointing fingers and holding the occasional meeting?" he asked.

Chan replied: "As an SAR official, I will not be threatened. I won't be coerced by votes - for or against - to do something that I don't deem appropriate."
AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

Hong Kong News
Close
0:00
0:00
The Fed fixing the economy
Corporations standing up for “LGDP-LGT-LBG-LGBTQ2+ kids” during ‘Pride Month’ be like:
A Major Ukrainian Hydroelectric Dam BLOWN UP
US and European Intelligence Agencies Uncover Evidence of Ukrainian Role in Terror Attack on Nord Stream Pipeline
Photos and videos of Hunter Biden with underage minors have been released.
The driver has been described by authorities as a 21-year-old woman from Tallahassee
Joe Biden falls at the Air Force Graduation
America's Got Talent…
Elon Musk has been showered with praise by the Chinese public during his trip to China
Nvidia Joins Tech Giants as First Chipmaker to Reach $1 Trillion Valuation
Drone Attack on Moscow's Wealthiest Neighborhoods Suspected to be Launched by Ukraine
AI ‘extinction’ should be same priority as nuclear war – experts
Chinese fighter jet buzzes U.S. Air Force spy plane over South China Sea
Prominent Hacker Forum RaidForums Suffers Substantial Data Breach
Nvidia CEO Huang says firms, individuals without AI expertise will be left behind
WPP Revolutionizes Advertising with NVIDIA's AI Powerhouse
Two US Employees Fired For Chasing Robbers Out Of Store As They Broke ''Company Policy''
Pfizer, the EU, and disappearing ink - Smoke, Mirrors, and the Billion-Dose Pfizer Vaccine Deal: EU's 'Open Secret
The Sussexes' Royal Rebound: Could Harry and Meghan Markle Return to the UK?
A provocative study suggests: Left-Wing Extremism and its Unsettling Connection to Psychopathy and Narcissism
Neuralink Receives FDA Approval for First-in-Human Clinical Study
Ukrainian Intelligence Official Admits to Assassination Attempts on Putin
WATCH THIS: democracy in Russia is so bad!
Ed Davey: It is possible for a woman to have a penis
Bernard Arnault Loses $11.2 Billion in One Day as Investors Fear Slowdown in US Growth Will Reduce Demand for Luxury Products
Russian’s Wagner Group leader: “I am not a chef, I am a butcher. Russia is in danger of a revolution like in 1917.”
TikTok Sues Montana Over Law Banning the App
Ron DeSantis Jumps Into 2024 Presidential Race, Setting Up Showdown With Trump
Steve Jobs introducing Apple's iPhone, exactly 16 years ago.
Banking Behemoth vs Ex-Boss: The PMorgan-Epstein Entanglement
China overtakes Japan as world's top car exporter
Talks between US House Republicans and President Biden's Democratic administration on raising the federal government's $31.4tn debt ceiling have paused
Biden Administration Eyeing High-Profile Visits to China: The Biden Administration is heating things up by looking into setting up a series of top-level visits to Beijing by top officials in the coming months
New evidence in special counsel probe may undercut Trump’s claim documents he took were automatically declassified
A French court of appeals confirmed former President Nicolas Sarkozy's three-year jail term for corruption and influence peddling
Debt Ceiling Crises Have Unleashed Political Chaos
Weibao Wang, a former software engineer at Apple, was charged with stealing trade secrets related to autonomous systems, including self-driving cars
Mobile phone giant Vodafone to cut 11,000 jobs globally over three years as new boss says its performance not good enough
Elon Musk compares George Soros to Magneto, the supervillain from the Marvel Comics series.
Warren Buffett Sells TSMC Shares Over Concerns About Taiwan's Stability
New Study Finds That Secondary Bacterial Pneumonia Is a Major Cause of Death in COVID-19 Patients Who Require Ventilator Assistance
The official tapes of Trump's deposition in the E. Jean Carroll battery (rape) and defamation case have been released.
King Charles III being crowned.
Newly released video of Donald Trump’s rape trial deposition:
Video: Ukraine MP Punches Russian Representative At Global Meet
El Paso mayor has declared a state of emergency
Russia accused Ukraine of attacking the Kremlin with drones in an attempt to kill Putin
Dutch court orders man who fathered 550 kids to stop donating sperm
Kim Kardashian Lookalike Christina Ashten Dies Of Cardiac Arrest, Hours After Plastic Surgery
Samsung has banned employees from using generative AI services such as ChatGPT
×