Hong Kong finance minister throws support behind reclamation and new towns to ease housing shortage

Hong Kong finance minister Paul Chan Mo-po has called on the public to take “a pragmatic and understanding attitude” towards reclamation and the development of new towns, which he said were key to easing the city’s land shortage. Chan voiced support for the solutions in his weekly blog post on Sunday ahead of a ceremony he was due to attend on Monday to break ground on the Tung Chung New Town Extension. The reclamation project, many years in the planning, is expected to yield...