Word: honge
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...Chris Richter, senior research analyst for CLSA, a Hong Kong-based brokerage house, says smaller players are starting to build electric cars because the playing field is fairly level. EVs are not as complicated to manufacture as hybrids, and the market is in its infancy. Toyota, for all its success with the Prius, has said it could launch EVs in the U.S. by 2012, but has not announced plans to introduce them in Japan. "If you're third or fourth, you'll never beat Toyota or Honda head on," says Richter. "But you can beat them if you change...
...When the Beijing students started gathering at Tiananmen that April, Hong Kong was galvanized. Local stars held fund-raising concerts and closed them with the song "We Love Freedom." News appeared incessantly across all media. Huge marches and rallies were held. "Eastern Europe is changing," I overheard someone telling my mother at the time. "When will China...
...Until the crackdown, the spring of 1989 felt like one of those rare moments when it seemed possible to take advantage of the sudden cracks in history in order to reshape it. Many in Hong Kong yearn for that chance again. This spring, during my second extended stay in Hong Kong since I left for California 17 years ago - where the statue's replica still sits on my desk - I went back to that familiar spot by the flagpoles. There, I thought of a TV interview that I saw in Hong Kong a few weeks ago, in which a local...
...cases that a senior partner decided they could do a valuable public service by putting them on display. In today's troubled economic times, the role of the appointment-only museum is arguably growing in importance as consumers worldwide become desperate for bargains. Security experts with the Hong Kong-based consultancy Asia Risk recently estimated that international trade in counterfeit goods could rise to nearly $1 trillion in 2009. The business has long exceeded the value of the global narcotics trade...
...Other adjectives are more fitting. The families of the two young journalists headed now into the grips of what is quite possibly the world's worst penal system aren't laughing today. And neither, most assuredly, is anyone in Barack Obama's White House. - With reporting by Emily Rauhala / Hong Kong...