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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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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rapid development. In Hong Kong‚ however‚ it was not until the recent years that the city ’s government‚ citizens and the media have brought more attention to the development of the city ’s cultural and arts scene and preservation of the former British colony ’s unique cultural heritage. In response to the social unrest‚ the government has begun to develop a specific strategy with regard to the arts and culture. One main focus of their strategies lies in the preservation of Hong Kong cultural heritage
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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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Nonverbal communication in Hong Kong Business Sirikul Pasek Js.pasek@cityu.edu MBA501 – Global Business Com. Judith Wurster Persuasive May 28th‚ 2013 Position Statement: Nonverbal communication is significant key to succeed in negotiation with Hong Kong businessmen. Introduction: Hong Kong is one of the biggest market hub for business investment in Asia. It blends between two cultures: English and Chinese. Due to its long period
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Corporate Governance in Hong Kong 1. Corporate Governance in Hong Kong Hong Kong’s position as an international economic and financial center is attributed to its exemplary corporate governance. With Hong Kong’s various authorities and regulatory bodies emphasizing on transparency and accountability for listed companies‚ Hong Kong was ranked first for corporate governance among 11 Asian countries in 2007. (Refer to Appendix 1) The Stock Exchange of Hong Kong (SEHK) describes corporate
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CORPORATE GOVERNANCE OF HONGKONG 1. Overview of recent corporate governance reforms A. Recent initiatives There have been numerous recent changes in Hong Kong in relation to corporate governance matters‚ extending well beyond legislation and nonbinding codes. The roles of relevant regulators have also been examined and proposed changes made. As far as legislation is concerned‚ the most significant change is the introduction of the Securities and Futures Ordinance‚ which came into force on
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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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Energy Wastage in Hong Kong Focus: household energy consumption Solar panels http://www.renewablepowernews.com/archives/1647 Did you know that people this year are consuming nearly twice as much energy as they were 30 years ago? If we continue to use energy at such high rates‚ reserves of non-renewable energy may run out really soon. In order to prevent this people must make small changes by using less energy in their daily lives. Even the smallest action can have an impact on the rest of
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