In 1983‚ Hong Kong implemented Fixed-linkage System to US currency because of the reason that Hong Kong currency was very unstable. This Fixed-linkage System is a fixed exchange rate system that fixes the exchange rate of Hong Kong Dollar and United State Dollar to a ratio of 7.8: 1 Hong Kong Monetary Authority does not need to stable exchange market by controlling the supply and demand of HKD. It can be stabilized by Fixed-linkage System. In the past 15 years‚ Hong Kong interest rates and exchange
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To what extent was culture in Hong Kong in the second half of the 20th century shaped by foreign cultures? Hong Kong was a city with diversified culture. Populated with an overwhelming majority of Chinese‚ Hong Kong had definitely been deeply influenced by traditional Chinese culture and customs. Meanwhile‚ it had also been governed by Britain for more than a century‚ and had developed close links with the West. Yet‚ culture in Hong Kong in the second half of the 20th century still mainly followed
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The positive and negative influence media advertising has on teenagers in Hong Kong Nowadays‚ media advertising has become very popular in the world. Teenagers can see in news‚ in magazines‚ on posters‚ on television and even on the Internet. However‚ some false may disseminate from these media. In this essay‚ I shall look at both the advantages and disadvantages of media advertising on teenagers. On advantage of media advertising on teenagers is that they can notice some information about
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Human Rights Violations: America versus China Submitted By: James Allan Every year‚ the American government publishes its report on China’s human-rights record as part of the United States ’ Country Reports on Human Rights Practices— prompting a Chinese response in its own critique of U.S Human rights‚ informally known as the China Human Rights Report.(Chan Lecture Human Rights April 8) Both countries‚ as might be expected‚ find plenty wrong with each other. However‚ this ping-pong-like war
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for Hong Kong to remain successful by staying at the top globally in its economic freedom? Introduction Hong Kong has ranked as the world’s freest economy in The Wall Street Journal and Heritage Foundation’s Index of Economic Freedom for 17 consecutive years‚ since the inception of the index in 1995.1Being economic free helps the successful of Hong Kong. Hong Kong is the richest region in the world. However‚ In World Competitiveness Yearbook 2013 published by IMD‚ the ranking of Hong Kong competitiveness
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market in Hong Kong in which the largest teleport in Asia (Boulton‚ 2001). Some newspaper report had shown that Hong Kong people who own the most mobile phones in the world. According to the Telecommunications Authority announced the latest telecommunications penetration figures‚ it showed that as of October last year‚ there were 9.32 million mobile phone users in Hong Kong out of 700 million people. It means that every 100 Hong Kong people will have 133 mobile phones. It seems that Hong Kong people
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the Hong Kong government was a consultative government. The definition of a consultative government is that it consults people’s opinions and listens to them. The features of a consultative Government are that it establishes communication between local associations‚ asks and listen to opinion of people‚ asks for opinion and support in decisions making‚ sets up advisory bodies to collect opinions and set up departments to consult people’s opinions. To a large extent‚ I agree that the Hong Kong government
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Sports at a High School versus College Level Although the decision may be currently bias‚ because of the strong unity and support exerted by the 300 Club at ______________ Senior High‚ the most favored level of sports would be the high school category. Joining into ones high school sports teams as either a player or audience has many benefits such as building support for one’s school. It can also create opportunities for students applying for college‚ and promote
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Is the Say of ‘Hong Kong Media Good; Mainland Media Bad’ Completely True? Although the rank of freedom of Hong Kong media is much higher than that of China‚ there are some exceptions to the general rule which states Hong Kong media are free whereas the mainland media are not free. On 6 June 12‚ a Tianamen Square dissident‚ Li Wangyang was found to commit suicide by hanging himself in the Hunan hospital without leaving any note. The suspect of Li’s death evokes all Hong Kong media to report
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The Hong Kong Polytechnic University Hong Kong Community College CCN1005 English for Academic Studies (Business) I Project Title: Why can Samsung and Apple dominate the smartphone market in Hong Kong? Group: A15 Date of Submission: 14 Dec 2012 Student Number | Student Name | Signature | 12670196A | CHAN Lai Ying‚ Catherine | | 12665305A | TONG Yin Ting‚ Charmaine | | 12668914A | YEUNG Sing Keung‚ Shawn | | Oligopoly is a ubiquitous phenomenon in most‚ if not all‚ free market
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