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Underground Banking The China-hk-macau Triangle
According to a Reuters feature article, as China’s economy and financial markets mature and gain in sophistication, so too does a vast underground banking industry offering swift, cheap and low risk cross-border fund transfers - shifting hundreds of millions of dollars each day. Penned by James Pomfret and Matthew Miller, the expose details how much of that activity is conducted openly on ...
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HONG KONG K-pop’s G Dragon eager for challenge of solo tour
The King of K-pop says reigning on a solo tour is a challenge but one he wouldn’t want to miss.G Dragon says he tries to separate his solo performances from how Big Bang performs. The band works as a team, and G Dragon says the concept is of artists collaborating. But "when I perform as a solo, I think a lot about what I always wanted to do but have not done yet,"He says he asks ...
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Hong Kong The InterContinental Hotels Bounty Of Rooms With A Sensational View
The sharply angled facade of the InterContinental Hong Kong is one reason why so many rooms have such spectacular harbor views. (Photo credit: Wikipedia) Here's his first swing: H-VQ or Harbor-View Quotient, which is the number of rooms that have a bona-fide view of a harbor divided by the total number of hotel rooms. If a hotel had only harbor-view rooms, the H-VQ would be one. For most ...
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Macau economy punches way above its weight
Macau’s economy is set for a continued period of rapid growth over the next decade as Asia tops the charts in terms of revenue gained through gaming industries, but there is more to our little city-state than just casinos and hotels.
Macau is the Monaco of Asia. Although legally part of the Peoples Republic of China, this small little territory, just 29 kilometers squared and one of the most densely populated in the world, exists under the ‘one country, two systems’ policy of the Chinese government and therefore has its own internal legal system and political makeup. It is this which has enabled Macau, a tiny city-state with no natural resources, to develop one of the highest GDPs per capita in Asia, after Singapore. Read more
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