Life under the Commies

[Lowaicue]

Hong Kong Beats Netherlands and U.S. as Best Place for Business

Hong Kong (HSI), a bastion of free-market policies and low corporate taxes as well as the gateway to the world’s most populous nation, is the best place to do business, according to data compiled by Bloomberg.

The city of about 7 million people secured top position in a new index based on six criteria including the degree of economic integration and labor costs. The Netherlands, the U.S., the U.K. and Australia occupied the next four leading slots.

The ranking marks a victory for Hong Kong 15 years after the city’s return to Chinese sovereignty stoked concern that its role as an international financial hub would slide. General Electric Co. has established operations there, Gap Inc. is among the retailers drawn by the 28 million Chinese tourists who pass through it and HSBC Holdings Plc is one of the financial titans listed on its stock exchange.

“Hong Kong is a gateway to China, it has competitive tax rates and that makes it one of the natural choices for companies to set up their Asian headquarters,” said Tomo Kinoshita, deputy head of Asia economics research at Nomura Holdings Inc. who has worked in the city for five years. “It makes sense for companies that want to be close to China as well as the rest of Asia to use Hong Kong as their base.”

Bloomberg Rankings measured 160 markets on a scale of zero to 100 percent based on six factors. These are the costs of setting up business, hiring and moving goods; the degree of economic integration; less tangible costs such as inflation and corruption; and the readiness of the local consumer base, a category that includes the size of the middle class, household consumption and gross domestic product per person.

 

[Billy the Great Khan]

Hong Kong Beats Netherlands and U.S. as Best Place for Business

Hong Kong (HSI), a bastion of free-market policies and low corporate taxes as well as the gateway to the world’s most populous nation, is the best place to do business, according to data compiled by Bloomberg.

The city of about 7 million people secured top position in a new index based on six criteria including the degree of economic integration and labor costs. The Netherlands, the U.S., the U.K. and Australia occupied the next four leading slots.

The ranking marks a victory for Hong Kong 15 years after the city’s return to Chinese sovereignty stoked concern that its role as an international financial hub would slide. General Electric Co. has established operations there, Gap Inc. is among the retailers drawn by the 28 million Chinese tourists who pass through it and HSBC Holdings Plc is one of the financial titans listed on its stock exchange.

“Hong Kong is a gateway to China, it has competitive tax rates and that makes it one of the natural choices for companies to set up their Asian headquarters,” said Tomo Kinoshita, deputy head of Asia economics research at Nomura Holdings Inc. who has worked in the city for five years. “It makes sense for companies that want to be close to China as well as the rest of Asia to use Hong Kong as their base.”

Bloomberg Rankings measured 160 markets on a scale of zero to 100 percent based on six factors. These are the costs of setting up business, hiring and moving goods; the degree of economic integration; less tangible costs such as inflation and corruption; and the readiness of the local consumer base, a category that includes the size of the middle class, household consumption and gross domestic product per person.

Haven't you ALWAYS advocated that HK is different from China in pretty much everything? How then can you claim it is their communism that's a success when you never own it for anything else?

 

[The Dude]

Are the like England and are message boardless.

 

[Lowaicue]

Haven't you ALWAYS advocated that HK is different from China in pretty much everything? How then can you claim it is their communism that's a success when you never own it for anything else?

I claim nothing.
The function of a headline is to attract by the use of humour, wordplay, irony, alliteration, etc etc. It attracted you.

 

[Billy the Great Khan]

I claim nothing.
The function of a headline is to attract by the use of humour, wordplay, irony, alliteration, etc etc. It attracted you.

So if I posted the same thing about how the Chinese pay people to say good things about them on international forums (like this one) you wouldn't claim that it has nothing to do with life in HK?

 

[Lowaicue]

So if I posted the same thing about how the Chinese pay people to say good things about them on international forums (like this one) you wouldn't claim that it has nothing to do with life in HK?

I claim that in this instance you are looking for contention where none exists and, furthermore, you are doing it in a way that is completely nonsensical.

 

[sedan]

My niece says the shopping is great too!

 

[Granule]

Are the like England and are message boardless.

Smoke dope much, dood?

 

[USFREEDOM911]

Haven't you ALWAYS advocated that HK is different from China in pretty much everything? How then can you claim it is their communism that's a success when you never own it for anything else?

His Chinese masters make him write this stuff, every now and then.
His reward is an extra bowl of rice with fish heads.

 

[Lowaicue]

My niece says the shopping is great too!

The shopping is horrendous... unless, of course, you are a member of the fair sex, in which case I am told it is 'orgasmic'!
Queues form all day on the pavement outside Louis Vitton, students and housewives are paid up to US$60 for each time they queue for someone else's iPhone 4 (or whatever it is called). When you think there could be nowhere else to put a giant multi-story shopping mall a new one appears ... and they are all bloody identical. I don't pretend to know all the brands but each mall has them all.
'Orrible.
Now when I am forced to go shopping in the UK there is usually a pub nearby wherein wait, in quiet contemplation, the husbands of the women who demand to be able to sit on a bus and have doors opened and closed for them, but for an hour or two are prepared to fight like tigers and run like marathoneers to get the latest Jimmy Chu shoes. In Hong Kong there is not even a bench on which to sit without getting burned by the sun, drowned by the rain or being assailed by noise so great that it blots out the pleasant sounds being fed into ones ears via an iPod or similar.
Mad, the lot of 'em.

 

[Damocles]

The only thing I know is that I would constantly be worried that they would put Hong Kong under the same thumb as the rest of the nation. I'm glad that life hasn't changed much for y'all, but I wouldn't trust that government to be benevolent.

 

[Lowaicue]

The only thing I know is that I would constantly be worried that they would put Hong Kong under the same thumb as the rest of the nation. I'm glad that life hasn't changed much for y'all, but I wouldn't trust that government to be benevolent.

Then you need to read a newspaper or two. The 1997 agreement guaranteed minimal interference in Hong Kong affairs for a period of fifty years. We are fifteen in. What will America be like in thirty five years? What will Iraq be like, North Korea, United Kingdom? The world?
You, as an American, have been and are, subject to a huge amount of anti communist propaganda. You have an economy that needs enemies and war. Peace is bad for the US. China is rapidly becoming a major world player. If they can keep it together (a task that has been in the forefront of the country's progress since the Emporer Chin ha) they will overtake America and become a force to make the world's knees shake. That would be disaster. But a greater disaster would be the inability to control dissent. You are no fool, Damo. Check out Confucianism and consider that 1.3 billion people live by that basic creed. Non confrontation, harmony and unity. And then hope and pray that Beijing retains control.

 

[christiefan915]

The shopping is horrendous... unless, of course, you are a member of the fair sex, in which case I am told it is 'orgasmic'!
Queues form all day on the pavement outside Louis Vitton, students and housewives are paid up to US$60 for each time they queue for someone else's iPhone 4 (or whatever it is called). When you think there could be nowhere else to put a giant multi-story shopping mall a new one appears ... and they are all bloody identical. I don't pretend to know all the brands but each mall has them all.
'Orrible.
Now when I am forced to go shopping in the UK there is usually a pub nearby wherein wait, in quiet contemplation, the husbands of the women who demand to be able to sit on a bus and have doors opened and closed for them, but for an hour or two are prepared to fight like tigers and run like marathoneers to get the latest Jimmy Chu shoes. In Hong Kong there is not even a bench on which to sit without getting burned by the sun, drowned by the rain or being assailed by noise so great that it blots out the pleasant sounds being fed into ones ears via an iPod or similar.
Mad, the lot of 'em.

!!! That's Jimmy CHOO shoes, and do you know if they ship overseas? We like a good bargain here, too.

 

[NOVA]

Then you need to read a newspaper or two. The 1997 agreement guaranteed minimal interference in Hong Kong affairs for a period of fifty years. We are fifteen in. What will America be like in thirty five years? What will Iraq be like, North Korea, United Kingdom? The world?
You, as an American, have been and are, subject to a huge amount of anti communist propaganda. You have an economy that needs enemies and war. Peace is bad for the US. China is rapidly becoming a major world player. If they can keep it together (a task that has been in the forefront of the country's progress since the Emporer Chin ha) they will overtake America and become a force to make the world's knees shake. That would be disaster. But a greater disaster would be the inability to control dissent. You are no fool, Damo. Check out Confucianism and consider that 1.3 billion people live by that basic creed. Non confrontation, harmony and unity. And then hope and pray that Beijing retains control.

Thats absolutely the funniest thing......you claim we in the US are subject to a huge amount of anti communist propaganda.


And then in the next breath say, You (the US) have an economy that needs enemies and war. Peace is bad for the US.


The irony is astounding.... actually, a perfect example of "dramatic irony"



If there is anything the world has witnessed in China, its their success at Non confrontation, harmony and unity in the way they have treated their citizens in the past.....

What bullshit.....

 

[Lowaicue]

Thats absolutely the funniest thing......you claim we in the US are subject to a huge amount of anti communist propaganda.


And then in the next breath say, You (the US) have an economy that needs enemies and war. Peace is bad for the US.


The irony is astounding.... actually, a perfect example of "dramatic irony"



If there is anything the world has witnessed in China, its their success at Non confrontation, harmony and unity in the way they have treated their citizens in the past.....

What bullshit.....

Stop looking for a fight and drive your little boat.
Read about confucious (no I do not agree with it necessarily) Read about how the warring states were controlled. Read about the early years of the 20C and the turmoil and the starvation. When you have read all that re-read my post and then, and only then, I will heed your response.
Oh and stop believing what your successive governments tell you of Johnny Foreigner and then study the economy of your nation.
That will keep you busy for years and away from here with any luck.

 

[Lowaicue]

!!! That's Jimmy CHOO shoes, and do you know if they ship overseas? We like a good bargain here, too.

Sorry about that. Chu is a common surname here so it rolled off the keyboard before I could stop it. (Incidentally it means Pig!!!) I once new a project manager with the surname Chu and the adopted western name of ... wait for it...Pinky! Obviously he had zero understanding of the meaning of his name, but my first meeting with him was one of those occasions when you bite your lip and stare intently at something outside the window in an effort not to laugh.
I'm sure the shoes are available in the US it's a world wide brand and no I cant get them or anything cheap! My daughter likes Harvey Nicholls shoes and those from Shanghai Tang, but buys less expensive foorwear usually, and I'm positive they are available in the states but stupidly expensive.