inflation in Hong Kong Over the past few years‚ the prices of food have been increasing in Hong Kong. The Hong Kong Census and Statistics Department (2010) reported that the increase in food price in 2009 was relatively large. Some of the food items that experienced surges in prices included live chicken (20% increase in average retail price) and fresh beef (7% increase in average retail price). Outcries by the public have suggested that this food price inflation has had a negative impact on Hong Kong’s
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Railway Development in Hong Kong in the 21st Century’’ Railway in Hong Kong in general means a train service for carrying people and cargo in Hong Kong Territory and also crossing the Hong Kong and Chinese border to or from Mainland. Trains were first steam hauled in the past‚ then diesel trains replaced steam trains and of course nowadays in the 21 century‚ all the trains have been electrified. According to our history railway service have been providing to Hong Kong citizens for more than
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Apply the theory of social justice proposed by John Rawls to analyze the social and economic system of Hong Kong and assess whether the system in Hong Kong meets the basic principles proposed by John Rawls. Introduction In this world of high income and social disparity between countries‚ cities‚ or even within the domestic territory‚ social justice seems remote and unachievable. To John Rawls‚ however‚ social justice is in fact realistically utopian and it is achievable. The most influential
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system of HKD to USD. It was a very good / effective system to help Hong Kong to remain stable under the economic turmoil when first applied in 1983. This formed a very firm ‘firewall’ to protect the stability of the Hong Kong Dollar. We also had the testimony for the effectiveness of this system while the economic crisis that happened in 1997 and 2007. Although the Hong Kong Government had shown their loyalty of pegging the Hong Kong Dollar to U.S. currency and had announced that there are no plans
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[pic] Influence to Hong Kong as an international logistics hub - under the “Framework Agreement on Hong Kong and Guangdong Co-operation” | | | | | | | | | | | | | | |
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GDP The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output for a given country’s economy. GDP can be defined in three ways‚ all of which are conceptually identical. First‚ it is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time (usually a 365-day year). Second‚ it is equal to the sum of the value added at every stage of production (the intermediate stages) by
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Comparison of CB between Argentina and Hong Kong HK main event In 1983‚ Hong Kong established her Currency Board. Hong Kong dollar (HKD) has pegged with the US dollar (USD) at a rate of USD1 to HKD7.8. The major event that assaulted Hong Kong CB was the 1997 Financial Crisis. During that crisis‚ speculator attacked HKD by short selling them. Speculators used hedge funds and attacked the Hang Seng Index (HSI) at the same time. Although the HK government already imposed penalty on “repeated borrowers”
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Gender Structure of Population in Hong Kong Lam Poon Hiu‚ Theresa Summary 1. Abstract 2. Introduction 3. Background 4. Statistics and Data Interpretation 4.1 Overview 4.2 Age Structure 4.3 Sex Structure 5. Observations 6.1 Ageing population 6.2 Surplus women 6. Suggestions on Policy 7. Predictions 8. Conclusion 9. References 1. Abstract Along with the social and economic development of Hong Kong during the past few decades‚ there
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In 2010‚ Octopus Company took “cooperation with the partners” to make use of clients’ personal data and get the commission. Although Octopus Company claimed that they had obtained agreement to persons involved‚ because Octopus card holders had agreed the “personal data policy”. However‚ as a matter of fact that lots of card holders did not read the policy‚ at an obscure spot in the right lower part of the company’s home page‚ we can find a link about "personal data policy”. It is a long document
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Singapore has the edge over Hong Kong | Evidence from Macro-economic analysis | | | | | | | Singapore has the edge over Hong Kong Both known as “East Asian Tigers”‚ Hong Kong and Singapore share numerous similarities and are often compared by people‚ especially economists. Both being metropolises in East Asia with high population density and serving as most important financial centres not only in Asia but also in the world‚ the two cities appear like twin brothers prima
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