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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Hong Kong during the 1950s and 60¡¦s Hong Kong is often looked upon as the capital of free trade. Located in the center of Southeast Asia‚ this is no small coincidence as to the region¡¦s success. It is based upon effective governance and the intensive working attitude of the local people. Nevertheless‚ Hong Kong has had to confront numerous challenges in order to achieve its status in the world market today. In the early 1950s‚ Hong Kong underwent enormous changes which totally transformed its
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The SWOT analysis of cruise product in Hong Kong Strength: - The long history and reputation of the company is the strength‚ if you ask traveling company‚ most people in Hong Kong will say our company name‚ that can proof that we have well-known brand in Hong Kong people - Our service so good and many customers satisfy our services - We provide a lot of trip for different type customer - We are such a large company that we have significant cost advantages over most of our competitors - Good
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“Hong Kong Disneyland” 1. The situation The case introduces the Disney Parks that were opened outsides of the United States (Tokyo‚ Paris). It reveals the reasons why it is successful in Japan and failing in French. Then it focuses on the park which was opened in Hong Kong. Managers tried their best to avoid the mistakes they made in French and thought about culture differences as many as possible. However‚ it still produced some negative effects‚ such as The Lunar New Year Holiday Fiasco‚ during
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rnrmarketresearch.com/luxury-goods-in-hong-kong-china-market-report.html Luxury goods experienced a slowdown in current value growth for 2012 against 2011‚ largely attributed by the unstable economic conditions brought about by the 2011 Euro crisis as well as the slowing down of the Chinese economy. While consumers’ sentiments were still relatively strong‚ spending continued to tilt towards a more cautious end. Depreciation of Euros also saw more consumers heading to Hong Kong for holidays and in turn purchasing
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Introduction In the recent years‚ the tourism industry of Hong Kong has been suffering from a severe negative impact due to a scandal that occurred within the industry. The Zero Charge Tour literally indicates tour without payment of fee by the tourist‚ whereas‚ it is not precise to interpret the Zero Charge Tour in this way. The Zero Charge Tour means the kind of tour that requires the tourist to pay incredibly low fee. Distinguished from the traditional group tour‚ it appears to be more economic
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Abstract Traditional measures of concentration of financial market activities do not adequately reflect an economy ’s status as an international financial centre (IFC). In this paper‚ we construct alternative measures that better capture the ability of an IFC to attract capital flows and international demand for its financial services‚ as well as its attractiveness as a place for international financial institutions to congregate. We also explore the determinants of the competitiveness of IFCs
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Master of Design School of Design The Hong Kong Polytechnic University SD 5002 Design and Culture Collective Memory and Design in Hong Kong Subject Leader Laurent Gutierrez Co-Presenters Dr. Valerie Portefaix Student Lo Ching Man 09682926G fayelcm@hotmail.com Collective Memory and Design in Hong Kong Introduction From 1990s‚ the term collective memory emerged in the Hong Kong society. It is commonly used in the community and the media nowadays. People are growing
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CANADA VS Hong Kong For many people‚ they think that the policy‚ the education‚ and all kinds of things are similar with each other. However‚ they are many minor things that they are very different from each other. I‚ Lysander‚ will talk about this in this following report. From many people’s eyes‚ they think that Hong Kong is a bad place to study for degree in college in Hong Kong‚ as many people thinks that Hong Kong is a place which sucks at everything‚ but clearly it doesn’t. In the table
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Adolescents in Hong Kong This is a study of mass media in Hong Kong by focusing on how teenagers consume internet by researching on the usage & categories (this will give a solid introduction to this paper) and three modern problems (heavy uses of social platform‚ internet addiction‚ and online gaming addiction“) that a number of teenagers in Hong Kong seems to have or come across with‚ with reference to data and information that suggest the existent of these phenomenon. In addition Hong Kong’s data
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