Lion Rock Institute roars into life

Hong Kong''s first free market think tank aims to re-introduce Adam Smith, Friedrich von Hayek and Milton Friedman to government thinking.

Hong Kong's first free market think tank has come into life with the aim of bringing free market economics back into public consciousness. Called The Lion Rock Institute, it is named after the Lion Rock under which thousands of refugees from Communist China sheltered when they first arrived in Hong Kong in the 1950s and 1960s.

We aim to demonstrably change government policy and educate people on the benefits of a free market, says Andrew Work, executive director of the institute at its opening press conference at the end of last week in Hong Kong.

That Hong Kong needs such a think tank might come as a...

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