Kudos to Lowkoon for laying out the economic reality for any new hire in Hong Kong. It should be required reading for all senior management at both Dragon and Cathay.
Sadly, for the past 20 years, the strategic mindset among the decision makers has been to make continuos cuts to pay and working conditions....it's been happening for so long that they now cannot seem to think in any other terms.
I can only hope that this narrow line of thinking will eventually be challenged.....