An aerial view of a residential district in Hong Kong. He expects domestic demand will continue to be the key driver to Hong Kong's expansion. A nurse examines new born chinese childs with their mums at the Queen Elizabeth Hospital on 30 April 2012 in Hong Kong. That's compared to 1.1 in Singapore and 1.7 in the U.S. To tackle the problem, local media reported the Hong Kong leader may consider giving 20,000 Hong Kong dollars ($2,556) to the family of every newborn baby in the territory, if at least one of the parents is a permanent resident. By offering attractive incentives ... Hong Kong can re-establish itself as an attractive destination for both local and international talent.

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Persons: Chunyip Wong, John Lee, Hong, Eddie Kwok, Kwok, Thomas Shik, Shik, childs, Victor Fraile Rodriguez, Wise Lam Organizations: Hong, Hang Seng Bank, CNBC, Gross, Labor, Queen Elizabeth Hospital, Corbis, Bank Locations: Hong Kong, Asia, Singapore, Hong, PwC, U.S