Australia over-regulated: Hong Kong multi-billionaire Vincent Lo at UNSW #BusinessinChina #VincentLo

Attended an interesting and very frank presentation by Chinese property tycoon Vincent Lo at UNSW tonight.

“Why doesn’t Shui On [his company] develop in Australia? If I can be honest – the scale is minuscule and the regulation is far too tight here. Why would we? That’s the price you pay for democracy!”