香港

Economics underpins Hong Kong’s political divide

Hong Kong’s protest movement – now more than three weeks old – has largely focused on definitions of universal suffrage and various methods for electing political leaders.

However, many of those taking part also feel economically disenfranchised by a system they blame for leaving a generation locked out of the housing market and making an already troubling income divide even worse.

On Monday CY Leung, Hong Kong chief executive, appeared to confirm protesters’ fears when he warned in an interview with the FT and other foreign media that a fully open voting system would lead to populism by shifting power towards low-earners.

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