I pay HK$100 (US$12.20) a night to stay in a hospital in Hong Kong, and receive the same quality care as the average American, or better. That fee includes the diagnostics and doctors, but not surgery (which is 1/4 or less US prices, and excellent).Hong Kong's government does next to nothing compared to the US government. You can afford to have low tax rates. You also don't have millions of regulations that govern businesses here.
As for the lack of US-style business regulations, maybe that's why business likes Hong Kong. Just a thought. . .
Anyone in the financial sector earning a bonus saw their incomes drop 50-80% during the financial crisis.