Introduction Due to the practical part of my studies I travelled to Hong Kong to complete a six month traineeship at a private school. Besides the food and cultural difference I noticed that the people were aware of the fact that their live was dramatically different compared to the life of the rest of Chinas population. Especially the term “One country‚ two system “points out Hong Kong´s special political situation in connection to China. The term was originally used to describe a constitutional principle
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collected‚ accessed and transferred. It is important to safeguard the usage and collection of personal data as the business and technologies have been changing over time. In Hong Kong‚ Article 30 of the Basic Law states that ‘the freedom and privacy of communication of Hong Kong residents shall be protected by law.’ Furthermore‚ the Hong Kong Personal Data (Privacy) Ordinance (Cap 486) (PDPO) is the essential law that protects the privacy of the individuals regarding to personal data. It was enacted in 1995
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1.1 Parody in Hong Kong Definition http://robsonhall.ca/mlj/images/Articles/33v2/reynolds.pdf Parody‚ a term derived from the Greek word”parodia”‚ has an ancient heritage. Later Greek and Roman writers used the term parody to refer to a more widespread practice of quotation‚ not necessarily humorous‚ in which both writers and speakers introduce allusions to previous texts. The “popular perception of parody and the standard dictionary definition” conceives of parody as a “specific work of humorous
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Executive summary This report analyses the provision of cheque services by Bank of China (Hong Kong) and evaluates the need for providing such a service. Most‚ if not all‚ banks provide this service. Nevertheless the report’s aim is to overlook this tradition and give an insight into whether a bank should really be providing this service. The Bank Wide Operation Department is in charge of the bank’s cheque clearing process. A staff member from this department was interviewed regarding the cheque
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1. How would you value the Hong Kong Disneyland project from the perspective of Walt Disney? The valuation of Hong Kong Disneyland from the perspective of Walt Disney is done by taking the following assumptions: Cost of Capital = 9.52% Cost of Government Debt = 8.19% Cost of Commercial Bank Debt = 11.36% Cost of Equity = 12.3% (10 year average) Inflation = 7.31% (10 year average) Gross margin = 37% Operating Cost = 22% Variable Management Fee = 5% With the above assumptions the FCF
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into WTO and how it affects Hong Kong? * Entry of China into WTO * Hong Kong – It is used to be the trading port of China * If Beijing enter WTO? What will happen to Hong Kong? ANSWER ONE FILE For China‚ which is already the world’s ninth largest trading entity‚ it will mean more external trade‚ and external trade of a better quality. There will be substantial tariff reductions among China’s existing trading partners and there will be access to more trading partners for China. At the same
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Young people in Hong Kong cannot afford to buy their own houses Nowadays‚ many 80’S young people think that it is unattainable to buy a real estate. They just graduated from college or university‚ everything is hard in the beginning‚ the first few years of social work. They cannot afford to buy a real estate is a common case. To buy a real estate‚ Besides depending government policy‚ all depending how you savings and financial planning. Lots of 80’S young people use their salary to buy
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The tourism in Hong Kong Hong has a lot of tourism‚ and a lot of places t go and vist but these 10 are the most famous and favorites. * Avenue of stars Stunning views of the harbour tower above you‚ while the names of Hong Kong’s movie icons lie beneath your feet * The peak Out-of-this-world view of skyscrapers‚ the glittering harbour and the green hills of the distant New Territories * Ladies market About a klick of street-market bustle and clothing‚ accessories and souvenir bargains
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Challenges Hong Kong Faced from Shanghai as an International Financial Centre 09815346D YUE Pujue (Betty) The day that Shanghai’s financial system is protected behind the thick walls of a closed account has gone away. When China’s State Council revealed the plan to develop Shanghai into a multi-functional international financial centre by 2020 in the late March 2009‚ Shanghai rapidly responded to the call by increasing its financial industry output value as a share of
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Imperialist domination and decolonization in Hong Kong and Mainland China have their differences. Both Hong Kong and Mainland China have reasons for changes in both areas. Changes during World War II affected both Hong Kong and Mainland China. Between the years 1841-1941 Hong Kong was under British Colony rule. Imperialism of Hong Kong was in the late 1800’s and this was a time that growth for the British colonies was first for this country. The British or United Kingdom wanted areas of Asia and
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