Word: honge
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Located behind a series of concrete and barbed wire barricades in a Christian enclave of Baghdad, the Iraq Stock Exchange, or ISX, can be distiguished from its counterparts in New York, Hong Kong, Tokyo and London by two things: the trading is done manually, and two cordial plainclothes guards at the white plastic table in the courtyard are happy to check your guns...
...clearing power lines, and visiting residents of towns that had been without power for more than 10 days. "This is very important, to allow Chinese people to have a good time at Chinese New Year," says Joseph Cheng, who heads the Contemporary China Research Project at City University of Hong Kong. Leaders who fail on that count, he says, "the people judge very harshly...
...putting more effort into developing films like 300, which proved that gorgeous digital effects can draw box-office numbers as big as any movie star. "It's not just the actors but also elaborate sets, huge [production] crews and worldwide marketing campaigns," says Vivek Cuoto, executive director of Hong Kong-based consultancy Media Partners Asia...
...limited its creative forays in Asia to teaming up with local companies, using a very different formula with some early success. In June, Disney released The Secret of the Magic Gourd, its first Mandarin-language film made for mainland China. But the movie was produced entirely by Hong Kong-based Centro Digital Pictures. Under Disney's watchful guidance, Centro adapted a classic Chinese bedtime tale, shooting and editing it into a 90-min. live-action feature. Disney then directed the film's marketing and distribution. The Magic Gourd became China's top-grossing children's film ever, generating $2 million...
...bane of any creative industry in Asia--intellectual property protection-- remains the most pressing concern for animation. Chu, who has worked in animation in Hong Kong for more than 20 years, has given up. "There's really nothing that can be done," he says. "The only hope is that someday our product is cheap enough that it's not affordable to counterfeit." Lucasfilm, on the other hand, chose to operate in Singapore because of the country's strict copyright laws and advanced legal system. "We feel comfortable that the infrastructure is in place to protect individual IP," says Kubsch...