Hong Kong and Singapore bear many similarities in economic
structure, reliance on finance and trade, as well as size of territory and
population.
Back in 1997, Hong Kong’s gross domestic product stood at
US$179 billion, almost two times that of Singapore, but in 2013, Singapore had boosted
the figure to US$295.7 billion, surpassing Hong Kong’s US$273.7 billion.
Hong Kong’s or China idea of HKSAR is based on the principle
of positive non-interventionism, which gives impetus to the creativity of
individuals and the private sector. Singapore is likely the opposite in this
regard.
Hong Kong officials and Citizens have to spend most of the
time to deal with the complexities in the SAR’s relationship with the Peking
government where Singapore is free from the issues of the “one country, two
systems” situation. I feel pathetic about HK when members of the pan democratic
parties members spend most of their time doing filibuster… nothing is constructive
to the development of HK economy.
As I say it may take 7 years to build a new airport but 10
years to decide build or not!?
Hong Kong has been lagging behind Singapore, and Shanghai
for economic achievement, or may be after another 10 years Hong Kong will definitely
be lagging behind Johor, Shantou or Batam!
How About Watch, Hong Kong and Singapore had a bigger Cult
difference on choice of Luxury watches.
Back to 80s Singapore and Hong Kong had similar taste in
watch. Nowadays we can say that Singapore has an advance understanding for what new watches are!
For most of the super Hi end watches, Singapore seems has a
better sale than Hong Kong.
These are what we can see…
Whiles a lot of HK people are still in favor of brands like
Patek, AP, VC, Panerai and Rolex...
Singapore has been falling in love with niche Watch market
supported by these colossal Richard Mille, Hublot..and Urwerk.
In Singapore is whoever people goes with a Lambor, 80% of
the people wear a RM.
Singapore may become the show off hub for those nearby
country rich boys, Indonesia, Malaysia, Brunei?
Hong Kong, older and richer tends to go for Patek, younger
likes Panerai and the Rolex goes to the rest.
HK Snob
