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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A Case Study of Hong Kong Disneyland A look into The Walt Disney Company and the trials and tribulations of opening Hong Kong Disneyland Prepared and researched by: Amy Essenstein Brenda Carter Bill Sherman Hong Kong Disney Case Study Situational Analysis of The Walt Disney Company: Bill The Walt Disney Company has come along way from its beginnings as Disney Brothers Movie Studio making Alice comedies and cartoons starring a little mouse named Steamboat Willie. Today
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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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Topic: What are the ideal body types for men and women in Hong Kong society? In what ways are these body types perpetuated through mass media‚ technology‚ and medicine? According to Bartky (1999)‚ is body modification a form of self-empowerment or self-punishment? Introduction Human body is one of the elements used to assess the attractiveness of a person. Since the aesthetics theory varies in different countries and regions due to different history and cultural background‚ the description of
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Is Hong Kong still a shoppers’ paradise? In the past decade‚ Hong Kong has been well known for its duty free and wide range of goods‚ it allows people from the world have a fantastic shopping experience. However‚ more news reporting the negative images of Hong Kong tourism which adversely affects the image of “shoppers’ paradise”‚ are arisen. While numerous tourists can be seen in tourist spots in Hong Kong‚ some contend that they no longer choose Hong Kong as a travel destination. This paper
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(Name) (Instructors’ name) (Course) (Date) Political System of Hong Kong The political system in Hong Kong is one of the most unique in the world since July 1997 when it was handed to the Chinese government. Even though Hong Kong is a British colony‚ the country runs under a multiple system form of governance referred to as “one country‚ two systems”. On the other hand Hong Kong still upholds its currency‚ parliament system and legal systems until 2047 when the agreement expires. The masterminds
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Air Pollution Observation between Hong Kong and Chongqing Part 1 General Picture of Hong Kong and Chongqing and Meaning of Comparing A whole host of similarities between Hong Kong and Chongqing make this thesis’s aiming to exploit air pollution and approaches governments take more pragmatic and meaningful. Among the aforementioned similarities‚ the geographical ones could be treated as lurking causes of air pollution and other relative issues. Hence‚ this part is intended to showcase a general
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exports from Hong Kong‚ and hence its status as an IFC. JEL Classification Numbers: F21; G15; G28 Keywords: International financial centre; financial services exports; financial sector FDI Author ’s E-Mail Address: lcheung@hkma.gov.hk; vyeung@hkma.gov.hk 1 The authors are grateful to Hans Genberg and Dong He for their valuable suggestions and comments. The views and analysis expressed in this paper are those of the authors‚ and do not necessarily represent the views of the Hong Kong Monetary Authority
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Value Chain Management –BUSI 1330 A Study of HRM in PCCW of Hong Kong October 29‚ 2012 A Study of HRM in PCCW of Hong Kong Contents 1. Executive Summary 2. Introduction 3. History of telephone service in Hong Kong and PCCW 4.1 Mission 4.2 Core values 4.3 Corporate strategy 4. Human resources strategy and policies 5.4 Building a professional team 5.5 Room for promotion 5.6 Open communications 5.7 Stability of working environment
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According to scientists‚ there has been human activity on Hong Kong since the Neolithic and Paleolithic eras. However‚ the earliest recorded European man to travel there was a Portuguese man named Jorge Álvares who did not travel there until 1513. For many thousands of years‚ Hong Kong was subjected to the rule of the dynastic China. However‚ Britain gained the land of Hong Kong after defeating the Chinese army in the Opium Wars. Today‚ Hong Kong has a democratic government modeled very much after
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