Word: cyberhub
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...fact, Hong Kong is energetically trying to retain control of its future by transforming itself into the cyberhub of Asia. The government has backed a $1.7 billion project to develop 64 acres of reclaimed land into an infotech center. So far, however, the project has drawn as much controversy as acclaim. Critics regard it as specifically enhancing the interest of Richard Li, scion of the super-rich Li family, because Richard drew up the plan. Even critics acknowledge, however, that diversification is a good idea. "Hong Kong needs more than one pillar industry to sustain its economic glory, and infotech...
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