about that the Mainland China visitor affecting Hong Kong tourism industry. For evidence for the most of Mainland people accounted for traveler in Hong Kong. The evidence will be mentioned the profile of them such as states and period by Yip Hiu Yi’s individual report. Lam Chi Longs individual assignment mentioned that spending of Mainland China traveler. According this report‚ we knoew whether they can substantially raise the revenue of Hong Kong. Moreover‚ “Zero-fee" tour was a hot topic in recent
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Disney/Hong Kong Case Negotiation In negotiations between the Hong Kong government and Disney‚ we have established measures we would like to observe going forward. The most important matter included is job creation and economic boost to Hong Kong and the surrounding areas. Both parties (Hong Kong and Disney) can create value and gain favorable returns. Our negotiations are not limited and will be open to different plans. From a cultural perspective‚ negotiations with the Hong Kong government
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Comparison of CB between Argentina and Hong Kong HK main event In 1983‚ Hong Kong established her Currency Board. Hong Kong dollar (HKD) has pegged with the US dollar (USD) at a rate of USD1 to HKD7.8. The major event that assaulted Hong Kong CB was the 1997 Financial Crisis. During that crisis‚ speculator attacked HKD by short selling them. Speculators used hedge funds and attacked the Hang Seng Index (HSI) at the same time. Although the HK government already imposed penalty on “repeated borrowers”
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during his visit to the Hong Kong SAR on July 7th‚ 2008 made the above statement that hit a raw nerve in the public. In response to concerns in the fundamentals of Hong Kong’s legal system‚ Hong Kong Bar Association issued a statement to clarify that the judiciary independence is "firmly guaranteed" by the Basic Law‚ which is to "remain separate and independent from the Executive and the Legislature" and shall not be "regarded as a part of the governance team" (Hong Kong Bar Association‚ 2008).
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inflation in Hong Kong Over the past few years‚ the prices of food have been increasing in Hong Kong. The Hong Kong Census and Statistics Department (2010) reported that the increase in food price in 2009 was relatively large. Some of the food items that experienced surges in prices included live chicken (20% increase in average retail price) and fresh beef (7% increase in average retail price). Outcries by the public have suggested that this food price inflation has had a negative impact on Hong Kong’s
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The 3 objects that represent Hong Kong Culture? Hong Kong is said to be a “Cultural Desert”. However‚ Red-White-Blue bags‚ Cha Chaan Teng and Cantonese Opera are three objects that can represent Hong Kong culture and the spirit of Hong Kong people. Red-White-Blue bag represents the hardworking Hong Kong people. Red-White-Blue bag is a common travel bag used by Hong Kong people‚ especially in low-class family. Most of the bags contained all red‚ blue and white color stripes. However‚ these bags
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This essay is about the development of social welfare in Hong Kong before the change in sovereignty in 1997‚ which is divided into four stages. The main factors affecting the development of social welfare in Hong Kong before 1997 will then be discussed. There are four phases in the history of social policy in Hong Kong before 1997. They are Residual social policy‚ Partial social policy‚ The Big Bang Social Policy‚ and The Incremental Social policy Phase 1 is Residual Social policy‚ which was between
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Apply the theory of social justice proposed by John Rawls to analyze the social and economic system of Hong Kong and assess whether the system in Hong Kong meets the basic principles proposed by John Rawls. Introduction In this world of high income and social disparity between countries‚ cities‚ or even within the domestic territory‚ social justice seems remote and unachievable. To John Rawls‚ however‚ social justice is in fact realistically utopian and it is achievable. The most influential
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about the foaminess of Chinea property market (both 1st and 2nd hand)‚ it shows that the risk ratios of the tier 1 cities is quite high. If you were investors and wealthy man‚ will you pour money into China property market ONLY? 2. Hong Kong Property Market In 2009‚ properites of HK bloom‚ especially for luxury properties‚ which are mainly driven by the millionaires (no‚ should be billionaires) from the mainland. The most shocking news is that the property prices continue to hit new
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Venue Management Evaluation of the Hong Kong Convention and Exhibition Center Introduction Hong Kong‚ which has a good geographical location‚ a well-developed infrastructure system‚ and adequate supply of hotel rooms‚ is a good place for developing convention and exhibition market. Hong Kong Convention and Exhibition Center (HKCEC) was established in 1988 after which Hong Kong exhibition industry experienced rapid growth leading Hong Kong to establish its position as Asia’s trade fair
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