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...they be? From the age of three weeks they are pampered with a banquet of whey, potatoes and cabbage; their lifestyle is "No stress, plenty of space and lots and lots to eat." The emphasis in Reynaud's world is on quality, both of life and of meat. He cannot help but lament the methods employed by modern livestock operations and their bland product, and worry about the preservation of traditional ways of farming and living. Nonetheless, he remains optimistic. Tradition "mount[s] a good defense against the standardization of flavor in today's food industry," he says. While...
...People's Republic of China, the city is perhaps in a greater state of uncertainty than ever before. Tsang himself compares Hong Kong to New York and London. "As an international financial center, [they are the only] two global benchmarks for Hong Kong," he says. "Other places cannot compare with us." But Hong Kong does not have some God-given right to be a success; others would like some of its wealth. Though the World Economic Forum last year rated the territory as the world's 11th most competitive economy, Hong Kong is in a race for global business...
...fair, the blame for a lack of sparkle in Tsang's administration so far cannot be laid solely at his door. Hong Kong's system is intended to have a strong Chief Executive, but the top official cannot be a member of a political party, which means that he has to build support from parties with often competing agendas, like the pro-business Liberal Party and the DAB, which champions Hong Kong's working class. Some believe that limiting the Chief Executive election to just an élite 800, who in turn are selected by only about 200,000 voters...
...TIME: What city do you benchmark Hong Kong against? TSANG: As an international financial center, there are only two global benchmarks for Hong Kong: New York and London. Other places cannot compare with us. You look at the basic fundamentals to be an international financial center. Dubai doesn't come into the [picture] at all. Singapore doesn't come into it. It still hasn't got the freedoms we enjoy. Benchmarks must be above you, ahead...
...TIME: How does being a part of China affect Hong Kong's standing? TSANG: It helps that we have a huge hinterland growing at a phenomenal rate. We generate a lot of services that cannot be provided by the mainland; it relies heavily on what Hong Kong can do in terms of ipos, banking, trading. So we have benefited enormously from the fact that we are now part of the Chinese nation. But even though we are No. 1, AAA, in terms of, say, infrastructure, rating agencies like Moody's and Standard & Poor's give us AA because...