Causes of Poverty in Hong Kong The Hong Kong Government is planning to set an official poverty line in the year 2013. The threshold is expected to be set at half of the median household income. Despite Hong Kong being a socially and economically developed city‚ hidden within the crowd of seven million citizens though are people living lives of poverty. This poverty indictor might just pin-point the social groups in society that is in need of help. However‚ disregarding the poverty line‚ certain
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Hongkong Business Culture 1. Overview Hong Kong is one of the Special Administrative Regions (SARs) of China‚ and the other is Macau. Itis located on China’s south coast. It is only 1‚104 km2 large‚ but has a population of over seven million people. Therefore‚ Hong Kong is one of the most densely populated areas in the world.GDP‚ Languages… Hongkongwas a colony of Britainfor a long period since the middle of the 19th century. On July 1‚ 1997‚it was returned back to China and became the Special
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Hong Kong Religions The religion in Hong Kong is very diverse and obvious. The main two religions in Hong Kong are Buddhism and Taoism. But in Hong Kong you can also find another religion which is Confucianism‚ which is where ancestors’ worships and ancient animist beliefs have also been integrated into the environment. Confucianism isn’t really based as a religion‚ because it it’s a philosophy as well as a religion. The numbers of Buddhism’s and Taoist’s in Hong Kong are estimated to be around
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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
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HONG KONG –Still the No.1 Financial Centre in China? Hong Kong has been a major financial centre in Asia for the past decade. Starting off as a fishing village‚ Hong Kong soon developed into a trading centre and then a financial centre. After overcoming a lot of difficulties‚ such as the handing over of Hong Kong in 1997‚ the 911 incident which caused the world’s stock market to fall by a landslide‚ Hong Kong is becoming increasingly prosperous. But with Mainland China’s accelerating economic
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Hong Kong Disneyland’s advantages: 1. Hong Kong has advantages such as geography‚ population‚ adjacent to the largest market in the world. Within 5 hours flying time‚ covering half of the world’s population. 2. well-known brand--Magic Kingdom of Walt Disney World cultural genius lies in its culture around the world to be "United States-processing". Classical inheritance of the culture has a strong sense of self-ability‚ Disney have cultural capture world of classical culture that last forever
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Wasteful lifestyle of Hong Kong On a gloomy Sunday morning‚ you woke up and saw the buildings were destroyed by the heavy acid rain. Then‚ you just sat on the sofa and started eating unpalatable breakfast which was overnight food and smell fusty. You feel tedious as the electric was cut off ‚ no computer games and no television shows. The stinking smell made you sick and began to vomit. Fortunately‚ this awful situation is an imagination only. But if Hong Kong people still have the wasteful lifestyle
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Popular Nomination in Hong Kong Wong Ho Long Hang Seng Management College Author Note Informative/Argumentative essay written by S136688 Wong Ho Long as ENG2010 Assignment Number 2 for Peter James Ronald Brokenshire. Popular Nomination in Hong Kong Recently‚ the Universal Suffrage is being discussed by the Hongkongers. One of the controversial issue is the popular nomination for the election of Chief Executive. This essay demonstrates the difference and the comparison of views of two parties
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market in Hong Kong Introduction Hong Kong has established its real estate markets since 1841‚ when it became a colony of the British Empire after the First Opium War. As a small city with only an area of 1‚104 square km‚ but over 7 millions of people‚ Hong Kong has one of the most prosperous property markets and which has created a huge amount of wealth. According to Forbes list of Hong Kong billionaires 2012‚ the top 3 richest people and 8 out of top 11 richest people in Hong Kong are came
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high-flying rivalry Hong Kong may still be the dominant regional banking centre but Singapore is an ever more favoured location. When Thomas McMahon and his Indian backers were deciding where to locate an Asian commodities exchange‚ they turned initially to Hong Kong – attracted by its proximity to China and the mainland’s booming‚ commodity-hungry economy. Three years later‚ the exchange‚ a subsidiary of India’s Financial Technologies group is about to open – not in Hong Kong but nearly four hours
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