Euromoney editor Peter Lee talked to Donald Tsang,
finance secretary of Hong Kong, during his hectic visit to the UK in November. Though he is finance secretary of what is only a special autonomous region of China, Tsang cuts the figure of a fully fledged finance minister on the international stage. He shot to worldwide prominence last year when, in an extraordinary step
for an official from a freewheeling free-market centre, he
intervened massively in the local stock market, buying up HK$118.1 billion ($15 billion) of shares in response to an attack by international hedge funds that was set to spread from the stock market to a devaluation of the Hong Kong dollar.
December 01, 1999