Economic Conditions in Hong Kong Unemployment went from 2.5% in 1997 to over 6% in 1999 GDP fell to historic low of minus 5.1% in 1998‚ with slight improvement to 0.7% in 2nd qtr. of 1999. Property sector was dominant growth driver in Hong Kong‚ over 65% of stock market valuation and 50% of bank lending. Tourism was only 4% of economy activity in 1998 and 1999. Gov’t. hoped to diversify with a tourist attraction. $104B to territory from tourism in 1996‚ dropped to $55B in mid-1997. The Walt
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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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INDUSTRY IN HONG KONG Prepared for Mr. Kevin Lee CEO of Sparkle Limited Prepared by Ms. Mary Chan Sales manager for Sparkle Limited On February 18‚ 201 Sparkle Limited Date: February 10‚ 2011 To: Mr. Kevin Lee‚ CEO‚ Sparkle Ltd. From: Ms. Mary Chan‚ Sales manager‚ Sparkle Ltd Subject: Report about Jewellery Industry in Hong Kong The attached report‚ requested by you dated Jan 5‚ analyze the current business opportunities in jewelley industry in Hong Kong and also
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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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(2009)‚ Do you See What I See?: Visibility of Practices through Social Media‚ Supernova and Le Web‚ San Francisco‚ CA and Paris. 6. Boyd‚ D.‚ Ryan‚ J. and Leavitt‚ A. (2010)‚ "Pro-self-harm and the visibility of youth-generated problematic content"‚ I/S: A Journal of Law and Policy for the Information Society‚ Vol 7. Brotsky‚ S.R. and Giles‚ D. (2007)‚ "Inside the ’pro-ana ’ community: a covert online participant observation"‚ Eating Disorders‚ Vol 8. Brownlow‚ C. and O ’Dell‚ L. (2002)‚ "Ethical issues
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Introduction The purpose of this paper is to analyze the Walt Disney Company and their expansion into Hong Kong with the theme park Hong Kong Disneyland (HKD). The Walt Disney Company was founded in 1923 by Walt Disney. It was a company founded upon as an entertainment experience for people of all ages starting out with short films and then moving into full length motion pictures. Since its inception the Disney Company has grown into a worldwide organization and is made up of four major areas
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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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worries: 1) Examination -teenagers are mainly secondary students and their ages are mainly 13-17. -their burdens are not only their homework and extra-curricular activities‚ but also their curriculum. -according to a survey conducted by Hong Kong University ‚ about 80% students think that they need to face a lot of challenges about their examinations . -the survey also reveals that Chinese‚ English and mathematics are their main problems. They think that these are very difficult to manage
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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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