Hong Kong's Information Technology after 1997 and the Case of 3G Mobile Licenses "Auction" in 2001

In: China: CIJ ; an international journal, Band 4, Heft 2, S. 314-326

Abstract

Soon after the Hong Kong Government changeover in 1997, the IT industry could have created substantial revenues for the Government and business sectors alike, and also somewhat rescued the economy following the collapse of the housing market. However, the use of royalties instead of an auction for four 3G licences scuppered this opportunity.