“Most elderly are retirees with relatively low incomes. But some may possess assets, and they will be classified as poor. As such, the elderly poverty rate could be overstated.”

Hong Kong politician

Carrie Lam Cheng Yuet-ngor is a retired Hong Kong politician who served as Chief Executive of Hong Kong from 2017 to 2022. Before that, she was Chief Secretary for Administration for five years. She became the fourth person to hold Hong Kong’s top government post and was a central figure in the city’s administration during her term. Her public remarks are tied to her years in office and to the responsibilities of governing Hong Kong.