the growth of Hong Kong as a ‘global city’‚ and the forces which will determine its future growth development. Word count: 1952 words Globalisation that is happening in the world today gives rise to the context of global cities. This global city is advanced culturally‚ socially‚ politically and especially economically. Hong Kong is considered as a major city in the world. In fact‚ it is regarded as the 5th global city in the world. According to Mr. Andrew Chen of Hong Kong company incorporation
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In Hong Kong‚ different groups in the society have different opinions on the Asian Games issue. For my opinion‚ I think Hong Kong should bidding for the right to host it in 2023. I will use the following feasibility issues to prove my ideas. Is the event a good idea? Bidding for the right to host a major international sports event is a high profile. Typically‚ the benefits fall into follow three main categories. Sports development It can raises public awareness of the benefits of sport and
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Chinese regained sovereignty of Hong Kong. One of the important factors of Hong Kong is its economy. Hong Kong’s economy is characterized by low taxes‚ minimum government intervention and free trade. It is one of the largest trading economies in the world‚ as well as a major service economy‚ with strong links to the mainland China‚ and other countries in Asia. Hong Kong is also responsible for intermediating forty percent of China’s external trade. Hong Kong is governed by a principle of
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Introduction HRM is short for Human Resource Management and identified as a new managerial science. HRM is originally invented by western academicians. Its history is not long and it has become more and more popular in the recent years. In Australia‚ HRM is replacing the old IR system as positive managerial action replaces “ground rules”. (Alexander‚ Lewer & Gahan‚ 2008) In China‚ the business society has been significantly affected by “guanxi”. A mount of “ground rules” were created gradually in
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Hong Kong is frequently described as a place where "East meets West"‚ reflecting the culture’s mix of the territory’s Chinese roots with influences from its time as a British colony. Hong Kong balances a modernised way of life with traditional Chinese practices. Concepts like feng shui are taken very seriously‚ with expensive construction projects often hiring expert consultants‚ and are often believed to make or break a business. Other objects like Ba gua mirrors are still regularly used to deflect
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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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As a Human Resource Manager in L&P household‚ it is my responsibility to analyze how some Chinese values stand sharp contrast to those of US and the influence of Chinese culture in shaping HRM practices of an US Company operating in China. I will divide this report in two four parts. In the first part of this report‚ I will identify the cultural difference between China and US. In the second part‚ I will give a brief discussion on how cultural different affect HRM practices. For the third part
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Introduction McDonald’s is the leading food service retailer. McDonalds have more than 30‚000 restaurants in 119 countries. McDonald’s manage this system based on geographic system. It is the world’s largest chain of hamburger fast food restaurants serving nearly 47 million customers daily. McDonald was one of the largest global restaurant chain at one time‚ but there are many competitors now‚ multi-brand operator like Yum Brand (KFC‚ Taco Bell‚ Pizza hut) and sandwich chain Subway. In addition
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topic studies 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
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CHAPTER 2 McDonald’s in Hong Kong: Consumerism‚ Dietary Change‚ and the Rise of a Children’s Culture James L. Watson On a cold winter afternoon in 1969 my neighbor‚ Man Tsochuen‚ was happy to talk about something other than the weather. Over tea‚ Mr. Man continued the saga of his lineage ancestors who had settled in San Tin village‚ Hong Kong New Territories‚ over six centuries earlier. Local history was our regular topic of conversation that winter and the story had already filled several
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