Liberal exodus robs business of its voice
Transcription
Liberal exodus robs business of its voice
PUBLISHED SINCE 1903 VOLUME LXV NO. 236 Wednesday, August 26, 2009 see live updates at www.scmp.com HK $7.00 Polarised politics seen as 60pc quit city’s main pro-business party Liberal exodus robs business of its voice ...................................................... Gary Cheung Space race. South Korea’s first space rocket takes off off after an aborted attempt last week and just from the launch pad at the Naro Space Centre, at a months after rival North Korea drew international beach in Goheung, south of Seoul. The rocket blasted ire for its own launch. Photo: AP Full report A9 Yacht Club bids to host top race ...................................................... Chan Kin-wa It’s the Formula One of yachting, and Hong Kong wants a piece of it. The Royal Hong Kong Yacht Club hopes to bring America’s Cup-class racing to Victoria Harbour. And the government, having lost to Singapore and Qingdao the chance to host a leg of the world’s other topnotch yachting event, the 2008-09 Volvo Ocean Race, is behind the bid. With the America’s Cup having descended into farce with holder Alinghi and challenger Oracle embroiled in a messy legal dispute ahead of their showdown in February in Dubai, the Louis Vuitton World Series has been conceived to give the rest of the world a chance to compete in America’s Cup-class yachts. The Yacht Club has not said how much it would cost to stage the event but has applied for help from the government’s Mega Events Fund towards the cost of hosting a seven-day World Series regatta in November next year. A person with knowledge of the club’s application said it was for HK$10 million. Sailing superpowers New Zealand and the United States have agreed to compete in the World Series, and the club is planning to enter a joint Hong Kong-mainland team. The regatta, which would be the biggest sailing race held in Hong Kong, meets the requirements of the HK$100 million fund, which include attracting visitors to the city and bringing economic benefits. Chan Pak-ling, the Yacht Club’s public relations and communications manager, said one of the pre- Central Star Ferry Victoria piers H a r b o u r Pier 10 Central post office Conn augh t Rd Proposed site of boat village City Hall Cen tral 50m SCMP GRAPHIC requisites for applying the fund was to have attendance of at least 10,000 for the regatta. The club is confident thousands of Hongkongers would turn out. It has proposed the regatta village be set up at Central’s Pier 10, now under construction on reclaimed land in front of City Hall. “This is like the Formula One of yachting and it is an honour for Hong Kong to host such a race,” Ms Chan said. “New Zealand and the United States have already agreed to come with their top sailors, who have America’s Cup experience.” The club was hoping teams from Australia, South Africa, Italy, France and Britain would also take part, she said. Asenior Home Affairs Bureau official with responsibility for sport said the government welcomed the proposal as an opportunity to host world-class competition. “We are still studying the proposal, but a race like the America’s Cup in Hong Kong has plenty of merit,” he said. The club’s funding application will be assessed next month. From flawed shot at survival to cult camera ...................................................... Ben Sin It was meant to be a cheap toy camera for the mainland market. Yet, more than two decades after it was conceived in a Hung Hom factory, the Holga has gained a cult following worldwide rather like that for the Russian-made Lomo cameras. In today’s digital age, where portability and convenience are primary considerations, the Holga is selling better than ever despite its clunky size and primitive design. Even its creator admits he was just trying to make a quick buck when he came up with the idea for the plastic camera. “I was looking to make something simple and cheap,” says 79-year-old Lee Ting-mo, founder of Universal Electronics Industries. “I wasn’t too ambitious then.” In the 1970s, Universal Electronics made stand-alone flash guns for cameras. But when Japanese camera company Konica released the world’s first camera with a built-in flash in 1979, sales plummeted. “I had to come up with something, it was a matter of survival,” he says. Mr Lee had neither the technology nor the ambition to compete against powerhouse Japanese manufacturers, so he designed a simple camera using the cheapest materials. He insisted on adding a built-in flash The Holga camera, a modern icon. unit, however. “I wanted to show off what we did best – making flash units,” he recalls. When the product was first tested, Mr Lee bragged to observers that the camera was ho gwong, meaning “very bright” in Cantonese. He says some non-Chinese buyers later dubbed it “Holga”, and the name stuck. Made entirely of plastic, the Holga uses medium-format 120 film and the resulting photos are often blurry because the lens leaks light. With a clunky shutter that makes a loud clicking sound after each snap, the Holga looks and feels like a toy. Because of a design flaw that leaves images underlit, pictures taken with the Holga usually display what is known as “vignetting”, where the brightness of the image fades • CONTINUED ON A2 News Digest HK & Delta International City Interpreters set for Nepali’s inquest Criminal inquiry into CIA ‘terror’ tactics Second baby blunder at hospital In what is believed to be a first, headsets and interpreters will be provided to the public gallery at the inquest of a Nepali man shot dead by a policeman. His widow and ethnic minority communities had complained about the decision to hear the case in Cantonese. Full report A3 The Obama administration launches a criminal investigation into the harsh questioning of detainees during George W. Bush’s “war on terror”. In one instance of CIA interrogation, cited in an investigator’s report, a suspect was hooded and threatened with a power drill. Full report A8 A nurse injected five newborns with a vaccine that had been diluted two days earlier and should have been used within four hours – the second mistake within two weeks involving babies at Queen Elizabeth Hospital. She injected them without checking data on the bottle. Full report C1 Contact us News Hotline Got any stories, tips or photos? 2565 2252 Call our News Hotline 2565 2252 Classified Ads Classified 2565 8822Advertising enquiries 2565 8822 Subscriptions Subscriptions & Deliveries & Deliveries 2680 8822 8822 For more contacts, see C2 City page 2 Inside NEWS SECTION A Weather A2 ....................................... Hong Kong & Delta A2-3 ....................................... National A4-7 ....................................... Around The Nation A6 ....................................... International A8-11 ....................................... Editorial & Letters A12 ....................................... Insight A13 ....................................... 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Badminton, Athletics C12 For the latest in news, special reports, podcasts, videos, lifestyle, listings plus more than a decade of archived articles. www.scmp.com Leading business executives have left the political party that aspired to be their voice in the Legislative Council, leaving the sector without a united force to represent its interests. Debate is likely to become more polarised as a result, say observers of the political scene. The executives are among the 60 per cent of Liberal Party members who have jumped ship or been struck off its membership roll for not paying their dues since its electoral rout last year and subsequent split. The loss of 624 members has left the Liberals with just 412, making them the second-smallest of Hong Kong’s five major political parties. Some business executives have joined Economic Synergy, a group set up in June by legislators who quit the Liberals, but one observer of the political scene believes some people in business have grown disenchanted with politics. The decline of the Liberals is a big turnaround for a party that, little more than a decade ago, aspired to become the city’s ruling party. Founding chairman Allen Lee Peng-fei said the party had only itself to blame for the exodus. It had flipflopped too often under pressure Stanley Hui Steven Poon from Beijing or the Hong Kong government. Among the big names to have left the party since September are Airport Authority chief executive Stanley Hui Hon-chung; Herbert Hui Ho-ming, a former deputy chief executive of Hong Kong Exchanges and Clearing; designer Kan Tai-keung; Henderson Land Development executive director Suen Kwok-lam; and Michael Li Hon-sing, executive director of the Federation of Hong Kong Hotel Owners. Steven Poon Kwok-lim and Lau Wah-sum, former legislators who co-founded the party in 1993, quit in November. Most lost their membership because they did not pay their annual dues of HK$150 on time. Party chairwoman Miriam Lau Kin-yee said memberships would be terminated once fees were three months overdue. “Prior to September last year, this requirement was not so strictly enforced,” she said. Ms Lau, one of three surviving Liberal Party lawmakers, said the party believed that a smaller, but more committed and united membership was “perhaps better than having a larger membership that is mostly inactive”. Membership plunged from 1,473 in 1997 to 253 in 1998, mostly because members had not paid their dues. The party had 881 members by May 2006, when it disclosed its membership list for the first time. The party plans a membership drive at the end of this year. James Sung Lap-kung, a political analyst at City University, said the business sector lacked an organised and strong force to represent its interests in the wake of the party’s demise. “Compared with the pan-democrats and the pro-Beijing camp, the Liberal Party has been seen as a centre-right force in Hong Kong’s political spectrum,” Dr Sung said. “Political debate will become more polarised after its influence wanes.” Dr Sung said it was important the business sector had a political voice. The Liberals won seven functional constituency seats in last • CONTINUED ON A3 A2 Hong Kong & Delta Public Eye WEDNESDAY, AUGUST 26, 2009 SOUTH CHINA MORNING POST Ferry operators get Flawed shot at survival now assurance on the a cult camera cost of cleaner diesel with Michael Chugani mickchug@gmail.com Higher education in history Let’s give the Jockey Club a break. Its idea of building a panoramic observation deck on top of a new high-rise smack in the middle of the historic Central Police Station compound has merit. All those NGOs opposing the plan need to think outside the box. Forget about how awful it is to stick a skyscraper into a treasured heritage site. Think of all the things you can observe from the viewing deck. Bring along your Auntie Ah Chun from the Tin Shui Wai housing estate for a history lesson on how in her day you could see clear across the harbour to Lantau. She’ll likely squint and ask why all she can now see are towering grey slabs against a hazy backdrop, wondering if her eyesight has finally failed her. You can reassure her about her eyesight. But she’ll stare back blankly if you try Central Police Station explaining things like “smog” and the “wall effect” of monster buildings ringing Hong Kong. “Oh, is that why I’ve got asthma? Is that why there’s no breeze in Hong Kong any more?” Back in her day, the wind at such a height would have blown her away. You can tell her to look through the cracks of the “wall effect” for a view. But then she’ll ask if her eyes are playing tricks or if both the Star Ferry and Queen’s Pier have vanished. And if the harbour has really shrunk. Hurry her back down if you don’t want to explain why a muddy moonscape has swallowed up half the harbour where the Star Ferry once stood. So you see, an observation deck on a historic site has its purpose. Auntie Ah Chun can visualise from up there what it’s like for our bureaucrats to live in ivory towers. And the deck can be our 21st-century monument to how hard those bureaucrats have worked to make Hong Kong a world city. • CONTINUED FROM A1 A ferry spews black diesel exhaust yesterday en route from Central to Cheung Chau. Photo: Oliver Tsang Another relic bites the dust ...................................................... Senior civil servants are in a foul mood. They can’t understand why they’re being forced into a 5.38 per cent pay cut when their lower-paid colleagues are being spared. The senior bureaucrats say morale has plunged and many plan to quit. Good. Public Eye can think of no better way finally to break that leftover relic of bygone days – the iron rice bowl. sure for a fare rise,” general manager Nelson Ng Siu-yuen said. Launching the nine-month trial of the cleaner fuel yesterday, the Environmental Protection Department said it would pay up to HK$10 million in incentives for ferry operators to take part. The money was for fuel subsidies and technical monitoring. The trial would provide data on operating costs, and the impact on maintenance and technical performance to help officials decide whether all ferries should use cleaner fuel. The fuel, 100 times lower in sulphur, will be supplied to five selected ferries by an oil barge operated by Sinopec in Cheung Sha Wan. These are New World First Ferry’s Xin Hui III and VIII between Central and Cheung Chau and Xin Ying running from Central to Mui Wo; Hong Kong & Kowloon Ferry’s Hoi Ming connecting Central and Peng Chau; and a Hong Kong and Yaumati Ferry car-carrier between Kwun Tong and North Point. The Star Ferry did not join the trial, saying its own trial of cleaner Cheung Chi-fai and Anita Lam The extra cost of using cleaner diesel in Hong Kong’s ferries is likely to be much less than ferry operators have claimed, the environment watchdog says. Ultra-low-sulphur marine diesel, which went on trial in five ferries yesterday, would cost about 60 HK cents a litre more than conventional diesel, not up to HK$3 as the companies had estimated, the Environmental Protection Department said. But one of the operators said the cleaner fuel would still push up its operating costs by 10 per cent, increasing pressure for a fare rise. A department spokesman said clean diesel now cost HK$4.50 a litre, compared with HK$3.90 for conventional marine diesel, subject to oilprice fluctuations. Hong Kong & Kowloon Ferry said that price difference would lead to a 10 per cent rise in operating costs if all its vessels used the fuel. “The additional cost would erode our meagre profit and increase pres- No-strings puppet mistress There’s a stench in the air. It’s coming from the Fringe Club in Central. Follow the stink and you’ll end up at the Pottery Workshop inside. A closer sniff will take you straight to its source – the workshop’s director, Caroline Cheng Wai. She’s pals with Hong Kong’s mainland bosses. That comes with being a member of the Chinese People’s Political Consultative Conference. There’s nothing wrong with that. What’s plenty wrong is flaunting this chumminess. The Fringe Club won’t renew Ms Cheng’s lease. That got her mad, so she told a club official she had a “direct line” to Chief Executive Donald Tsang Yam-kuen. But she says she hasn’t pulled any strings to get the lease renewed, nor does she intend to. The funny thing is she still managed to get through to the right people when she called Secretary for Home Affairs Tsang Tak-sing to pressure the club. Go tell your Auntie Ah Chun and her friends they don’t need strings to reach the right people in government. All they need is a phone. They’ll likely burst into toothless cackles so loud and long you’ll think they’ve all gone loony. Ms Cheng’s phone call did the trick. Mr Tsang’s bureau is now piling on the pressure even though it had earlier said the lease renewal was none of its business. When people know you can pull strings, you don’t actually have to pull them to get what you want. If the Pottery Workshop gets a new lease, Auntie Ah Chun and her friends will cackle some more about how the puppets still danced even without strings being pulled. diesel in 2006 resulted in loss of power, higher fuel consumption, and engine corrosion. “We will still keep track of the trial results of other ferry operators,” general manager Johnny Leung Tak-hing said. The department spokesman said there had been no mechanical problems for government vessels since they started using the cleaner fuel in 2000. He said there were other solutions to resolve the operators’ worries about the lubricating effect of sulphur in the engines. The spokesman said that if all local passenger ferries switched to the cleaner fuel, the total sulphur emissions from the marine sector could be cut by about 12.5 per cent. Other sulphur emissions come from domestic vessels such as barges and fishing boats, as well as ocean-going vessels and cross-border ferries. The Marine Department said four local vessel operators were convicted for black-smoke emissions last year, compared with none in 2007. Editorial A12 towards the edges, producing dark corners with saturated centres. Sales were so badly affected by the design problem that Mr Lee was ready to stop the line. “We mass-produced the first batch of 5,000 and it moved so slowly I was going to discontinue after they were gone,” he says. But the camera found life overseas when a group of analogue photography enthusiasts in Austria who had been using a Lomo model got their hands on the Holga. “Ironically, they considered the vignetting problem an artistic effect,” Mr Lee recalls. “The popularity of the camera picked up overseas and the orders started coming in.” Over the next two decades, the Holga’s popularity continued to spread, especially in the United States and Japan. Even professional photographers began taking notice, most notably award-winning American photojournalist David Burnett. Much like an audiophile will claim that vinyl records still sound better than digitally enhanced CDs and MP3s, many professional photographers feel a similar partiality for Holga’s low-fidelity photos. “Digital pictures are almost too clean and too sharp; there’s no texture to them,” says Norm Yip Waising, 46, a professional photographer in Hong Kong. “But with film, because it’s made out of chemicals, there’s texture inherent in them and that shows in the photos.” Leading Hong Kong cinematographer Henry Chung Yau-tim is even more extravagant in his praise of the Holga. “I am an avid stereo photographer and I used to shoot with a Hasselblad XPAN. That camera costs HK$30,000 and the lens another HK$30,000,” he says. “I now use a Holga 120 Stereo Camera, which costs HK$600 and produces the same pictures. I seriously cannot tell the difference.” Mr Chung says he carries his Holga with him at all times. For many young Hongkongers, the appeal of the Holga lies in its simplicity. “What I love about the Holga is how basic it is, the lack of options makes for an unpredictable shooting experience,” says Jeffrey Siu TszHang, 15. “You never know how a photo has turned out until you’ve developed the film. The anticipation fascinates me.” Young Holga fans tend to gather in Facebook groups to share photos and tips. Carmen Ng Ka-man, 22, a journalism student at the University of Hong Kong, started one of the earliest Facebook pages for fans in the city in 2007. “I noticed there wasn’t a dedicated page for fans in Hong Kong,” she says. “I thought that was weird, considering I know many people who love to capture Hong Kong’s spectacular east-meets-west cityscape.” The page, now just one of many on the social-networking website dedicated to Holga images, has more than 1,200 members. Ms Ng fell in love with the Holga as she was about to complete secondary school. “I love the lack of rules with the Holga. It was a perfect tool to capture our youth before we each headed off to different universities.” Despite the Holga’s steady rise in popularity this decade – the millionth Holga was sold last year and a search on popular photo-sharing site flickr .com yields 22,975 Holga users – for many years Mr Lee and Universal Electronics focused on manufacturing, content to leave the lucrative distribution and marketing business to others. However, that changed a few years ago following a split with Lomography Asia, which used to act as the local distributor for the Holga. “They came to us a few years ago and requested to be the sole distributor of the Holga,” Mr Lee says. “I rejected their offer because I didn’t like the monopoly aspect.” Their relationship soured after that, Mr Lee says, and this year Universal Electronics launched a marketing division, Holga Inspire, and opened five shops across the city. Holga Inspire’s public relations co-ordinator, Christine So Chi-yuet, says their main goal is to develop a community of Holga photographers worldwide through exhibitions. Ever practical, Mr Lee sees Holga Inspire as a means of ensuring his company’s survival, just as he did more than 20 years ago when he created the Holga. Weather HONG KONG FORECAST 28 33 Tomorrow fine and very hot. Friday fine and very hot. 28 33 28 33 28 33 N WIND HUMIDITY UV INDEX POLLUTION Force 3 65-85% 12 Low to Medium Fine and very hot apart from isolated showers and thunderstorms. Temperatures will range between 28 and 33 degrees. Moderate east to southeasterly winds. Fine and very hot in the following few days. GENERAL SITUATION (11PM YESTERDAY) Under the influence of a ridge of high pressure, the weather was generally fine over southeastern China. On the other hand, showers affected the coast of Guangdong and the northern part of the South China Sea. Locally, it was very hot in the afternoon. The maximum temperatures over the northern part of the New Territories rose to about 34 degrees. The ridge of high pressure is expected to strengthen and bring generally fine weather to southern China in the next few days. THE WORLD TODAY Showers Cloudy Cloudy Cloudy Cloudy Rain Fine Cloudy Showers Rain Rain Fine Thunder Cloudy Rain Rain Cloudy Dalian Guilin Guiyang Hefei Jinan Lanzhou Nanchang Nanjing Nanning Shijiazhuang Taiyuan Urumqi Wenzhou Xiamen Xining Yinchuan Zhengzhou 22 25 20 25 21 16 28 26 25 21 17 18 23 27 13 17 22 ASIA-PACIFIC 26 36 31 34 29 23 35 34 33 23 24 29 32 34 17 21 32 Harbin 18 26 Hohhot 13 25 Shenyang 19 27 Tokyo 23 28 Beijing 20 31 Seoul 22 27 API LEVEL MIN MAX Low to Medium Medium to High 20 50 40 70 POLLUTION YESTERDAY Qingdao 22 26 Xian 22 29 API LEVEL MIN MAX Central/Western Eastern Kwai Chung Kwun Tong Sha Tin Sham Shui Po Tai Po Tap Mun Tsuen Wan Tung Chung Yuen Long Medium Medium Medium Medium Medium Medium Medium Medium Medium Medium Medium 21 21 26 22 17 28 22 18 27 17 26 48 43 54 47 47 50 50 43 59 57 60 ROADSIDE STATIONS API LEVEL MIN MAX High High High 49 54 52 76 96 86 Causeway Bay Central/Western Mong Kok API = AIR POLLUTION INDEX WWW.EPD.GOV.HK PEARL RIVER DELTA REGIONAL AIR QUALITY MAP GUANGZHOU I II III IV V Pollutant concentrations are well within the air quality standards. Pollutant concentrations are generally within the air quality standards. Concentrations of individual pollutants may approach or exceed the air quality standards. Air quality standards are generally exceeded. Air quality standards are significantly exceeded. TIDES High Low High Low MOON & SUN 2.1m 00:58 1.0m 07:08 1.5m 14:14 1.2m 18:38 Moonrise Moonset Sunrise Sunset 11:38 22:41 06:04 18:46 Shanghai 26 35 Wuhan 28 36 Hangzhou 26 36 Changsha 27 38 Kunming 16 26 Calcutta 26 33 Amsterdam Athens Barcelona Belgrade Berlin Brussels Budapest Copenhagen Dublin Frankfurt Geneva Helsinki Istanbul Lisbon London Madrid Milan Moscow Munich Oslo Paris Prague Rome Stockholm Vienna Zurich Taipei 27 36 Guangzhou 27 Kaohsiung 27 29 Hanoi 27 33 Hong Kong 28 33 Haikou 25 34 Vientiane 23 32 Yangon 21 31 Manila 26 30 Bangkok 25 33 Adelaide Auckland Bangalore Brisbane Brunei Busan (Pusan) Canberra Colombo Darwin Delhi Denpasar Dhaka Hobart Honolulu Islamabad Jakarta Karachi Male/Maldives Melbourne Mumbai Perth Sydney Tashkent Wellington MIN MAX fine rain cloudy fine showers fine rain thunder fine thunder fine thunder showers fine thunder cloudy fine thunder showers thunder fine fine fine rain 9 11 20 14 24 22 2 24 21 25 23 24 6 19 23 24 27 28 8 26 7 10 14 11 17 18 28 27 33 26 12 30 35 31 29 32 13 31 34 32 34 28 15 30 22 20 31 15 cloudy fine thunder fine cloudy mainly fine fine few showers showers cloudy showers few showers fine fine rain fine showers fine thunder rain cloudy rain fine rain showers showers 13 23 22 18 17 12 18 16 13 15 16 10 19 17 15 17 21 10 18 13 13 16 20 15 15 16 22 33 31 32 25 23 31 23 21 26 27 22 29 28 22 34 31 22 25 19 26 23 33 19 28 25 EUROPE Naha 27 33 Fuzhou 26 36 Phnom Penh 25 31 Ho Chi Minh City 25 33 Phuket 27 30 Kuala Lumpur 24 33 Singapore 24 31 MIDDLE EAST & AFRICA SUNNY FOG ISOLATED SHOWERS SHOWER ISOLATED THUNDER DUST SNOW FLURRIES HAIL PARTLY CLOUDY CLOUDY / OVERCAST DRIZZLE RAIN THUNDER WINDY SNOW TYPHOON ISOBAR CHART YESTERDAY'S READINGS TEMPERATURES Chek Lap Kok Cheung Chau Hong Kong Park King's Park Lau Fau Shan Sai Kung Sha Tin Ta Kwu Ling Wong Chuk Hang MIN MAX 29.1 26.2 28.4 28.1 27.3 28.2 28.6 26.3 28.2 34.3 31.0 32.9 32.3 34.6 31.0 32.7 33.0 32.0 28.3 27.4 69 33.3 FRONTS COLD Air Temperature Grass Humidity (%) Sunshine (Hours) Rainfall (mm) WARM OCCLUDED 1008 83 6.7 Trace STATIONARY TROUGH 1010 AS AT 2PM YESTERDAY Total rainfall since January 1st is 1,538.1 mm against an average of 1,812.8 mm. DATA SOURCE SMGM Hong Kong Observatory EPD www.epd.gov.hk Abu Dhabi Amman Bahrain Beirut Cairo Cape Town Casablanca Doha Dubai Jeddah Johannesburg Kuwait Riyadh Tel Aviv fine fine fine fine fine mainly fine mainly fine fine fine mainly fine fine fine fine fine 30 19 30 25 24 9 21 33 32 29 7 31 33 22 44 31 40 32 33 18 26 44 43 39 21 48 45 31 fine showers mainly fine rain mainly fine mainly fine thunder rain mainly fine few showers thunder fine fine fine showers thunder mainly fine fine mainly fine showers fine mainly fine mainly fine few showers mainly fine fine 21 9 22 18 14 10 26 17 26 19 24 26 16 17 11 28 19 21 18 19 13 4 13 15 11 21 31 21 31 25 24 23 34 27 41 26 34 39 20 27 25 33 22 37 21 22 23 24 27 23 23 34 THE AMERICAS 1010 HONG KONG OBSERVATORY HONG KONG Hiroshima 17 27 Chongqing 27 34 Kathmandu 15 29 Chennai 28 36 GENERAL STATIONS Osaka 21 30 Tianjin 20 30 Chengdu 22 28 Lhasa 9 20 Sapporo 15 25 Changchun 17 26 POLLUTION TODAY'S FORECAST General Station Roadside Station Sunday fine and very hot but hazy. 28 33 ASIA TODAY Today fine and very hot apart from isolated showers. FORECAST Saturday fine and very hot. Other cities visit: www.scmp.com Information visit: www.metra.info Atlanta Bogota Boston Brasilia Buenos Aires Calgary Caracas Chicago Dallas Detroit Houston Las Vegas Lima Los Angeles Mexico City Miami Montreal New York Ottawa Rio De Janeiro San Francisco Santiago Seattle Toronto Vancouver Washington DC A shot by young fan Jeffrey Siu shows the Holga’s vignetting effect. Fall in exports a sign of consumer doubt ...................................................... Dennis Eng Hong Kong’s trade suffered a major setback last month as total exports shrank almost one-fifth year on year in a worrying sign consumers are unconvinced about a recovery. July’s 19.9 per cent drop in the value of total exports to HK$212.28 billion from a year ago followed four months of steadily smaller declines that saw exports drop by just 5.4 per cent in June, the Census and Statistics Department said. Last month’s result was worse than the 12 per cent average fall economists had expected. Between April and June, Hong Kong, Singapore and other markets recorded their first quarterly growth since the credit crunch, spurring hopes of a quick turnaround. A government spokesman attributed the steep drop to the relatively high base of comparison in July last year, when the value of exports rose to more than HK$265.1 billion, the second highest on record. The weak performance was part of a trend across the region as demand for imports in advanced economies was still subdued, the spokesman said. The recovery would be uneven Down in the dumps Y-o-y % changes in the value of Hong Kong’s external trade Imports Exports 20 10 0 -10 -20 -30 Aug 08 Jul 09 SCMP GRAPHIC SOURCE: CENSUS AND STATISTICS DEPARTMENT given that overseas demand had yet to show signs of near-term improvement, he said. Of total exports last month, reexports, which account for about 97 per cent, fell 19.2 per cent to HK$207.14 billion and domestic exports dropped 41.3 per cent to about HK$5.14 billion. Imports fell 17.8 per cent to HK$233.95 billion, with the trade deficit widening to just under HK$21.67 billion from HK$16.48 billion in June. scmp.com: HAVE YOU SEEN THE NEWS TODAY? HTC Hero We get hands-on with the latest Android-powered phone from HTC http://scmp.com/video LOG ON TO: scmp.com/video & youtube.com/scmp888