Government should consider abolish the linked exchange rate system or pegged Hong Kong dollars with China Yuen (RMB) rather than the U.S dollars. The main reason is for this is it will help the future development of Hong Kong economy. Exchange rate is how much a currency worth in terms of other currency. If currency is free floating‚ which allows the exchange rate vary against other currencies determined by the market forces of supply and demand. Some countries may use fixed/pegged exchange rate
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Typhoon effects on the Center in Hong Kong Abstract: This paper presents selected results of wind characteristics and structural responses measured from the Center (350 m high‚ 79 floors) in Hong Kong‚ during the passages of three typhoons. The field data such as wind speed‚ wind direction and acceleration responses‚ etc.‚ were continuously measured from the super-tall buildings during the typhoons. The simultaneously measured wind-induced acceleration was adopted to evaluate the dynamic characteristic
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What is your favorite restaurant on campus? For me‚ Hong Kong Noodle is my favorite restaurant. They have really authentic food and make me feel like home. For example‚ the minced beef and scramble egg with rice‚ fried squid‚ and Wonton Soup are something I always order. However‚ these are only tip of the iceberg. Known as the “Food Paradise”‚ Hong Kong cuisine is almost influenced by all over the world due to the fact that it has a long history of being an international city. Therefore‚ you can
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between Hong Kong and mainland using concepts introduced in this course. Introduction Hong Kong‚ located at the southern coastal of China‚ fully shows the diversification of culture‚ with a mix characteristics of different backgrounds. Hong Kong is currently under the rule of the PRC as a special administrative region‚ with the practice of ‘One country‚ two system’. Hong Kong exercises capitalism under the rule of the British government and thus continues its practice after the handover. Hong Kong
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Background The Standard Chartered Marathon has been organized by Hong Kong Amateur Athletics Association for 11 years since 1997. Now it becomes a signature international sporting event in Hong Kong and was recognized as a "Brand Hong Kong Event" by the Hong Kong Special Administrative Region Government. The Standard Chartered Hong Kong Marathon 2007 was successfully held on 4 March 2007‚ attracting over 37‚000 runners to the starting line. With the generous support of the public‚ the Standard Chartered
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Reliance in Hong Kong 1. Introduction Do you know Hong Kong uses 70% of the electricity generated by The Guangdong Daya Bay Nuclear Power Station (China Light & Power Holdings Limited‚ 2010)? The main controversy of nuclear power is its safety and the problem of waste storage. Though Hong Kong is heavily relying on fossil fuels‚ Hong Kong should increase its reliance on nuclear power in the near future. This essay aims to examine the possibility and benefit of having a nuclear power plant in Hong Kong
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Anheuser-Busch InBev in Hong Kong Anheuser-Busch InBev is a Belgium based consumer products company that carries over 200 beer products within the global market. Along with producing beer‚ they also have operations in adventure park entertainment and packaging. Their lifelong achievement is to be the Best Beer Company in a Better World (AB InBev 2011 Annual Report). Their products are divided into three different types of brands: local‚ multi-country‚ and global brands. Six of their global
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Identify one type of the social welfare‚ discuss its services of Hong Kong and a)explain its values‚ rationales and objectives; b)ways of service delivery; c)discuss the strengths and weaknesses of the service and d)make suggestions to improve the services in future. CSSA—AN INTRODUCTION The comprehensive Social Security Assistance Scheme (CSSA) is surely one of the most influential social welfare in Hong Kong‚ in terms of money and beneficiary. In the fiscal year of 2010
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Current Situation This report offers an evaluation of Hong Kong’s health care system. In this section‚ three important strengths and four fundamental weaknesses are highlighted. Strengths Hong Kong has a relatively equitable health care system. Every resident has equal access to essential health care. The financial burden of health services is financed in an equitable manner‚ and health services are reasonably equally distributed by geographical region. Establishment of the HA brought
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Bank of China Hong Kong ’s Initial Public Offering by Hugh Thomas Associate Professor of Finance The Chinese University of Hong Kong Draft of April 28‚ 2003 Accepted for publication in Journal of Financial Education. I am grateful to participants at the North American Case Research Institute 2002 conference in Banff‚ Canada‚ for their helpful comments and for research assistance from Wang Zhiqiang and Xu Zhi in preparing some tables. Please contact me at hugh-thomas@cuhk.edu
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