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SARS' Effect On Hong Kong's Economy - Papers Online

SARS' Effect On Hong Kong's Economy

Hong Kong Economy After SARS: Paper Outline Sample

1. How SARS Virus Affect The Business, Economy, And Other In Hong Kong:

The recent tragedy hits Hong Kong in the past two months after SARS virus infected more than 4000 people in 27 countries and killed more than 200 people internationally. In Hong Kong, where around 1500 cases of SARS recently filed, businesses and stock market experience slowdown as less people expose to crowds to avoid further infection, slowdown in business transaction, electronics industries in China that affects B2B assistance from Hong Kong based firms, tourism and its related service businesses, reduced flight frequencies and tight policies upon ...

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Structure

Hong Kong is a perpetual age and center for trade and business, moving from manufacturing era to service and hospitality businesses in Asia. Since 1999, Hong Kong trade changed focus to banking, trade, and services to fulfill other business needs in China. Those corporation types made up to 85% of total national income, hiring almost 230,000 employees with total foreign trade value of 271% of GDP in 2000 (Economic Structure, 2001). As many other East Asian countries that supply the strategic location and low cost labor startup, Hong Kong continues the stable and focusing operation, and become one of the most prominent stock market in Asia Pacific, beside China and the Republic of Korea (2002).

3. Strategies and Potential Solutions

One solution from the Legislative Council is the decision to supply the affected industry with loan programs for immediate use, for example paying employees salaries and urgently due taxes or debts. Hong Kong Trade Development ...

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SARS' Effect On Hong Kong's Economy. (2015, November 30). Retrieved November 18, 2024, from http://www.essayworld.com/essays/SARS-Effect-On-Hong-Kongs-Economy/105232

"SARS' Effect On Hong Kong's Economy." Essayworld.com. Essayworld.com, 30 Nov. 2015. Web. 18 Nov. 2024. <http://www.essayworld.com/essays/SARS-Effect-On-Hong-Kongs-Economy/105232>

"SARS' Effect On Hong Kong's Economy." Essayworld.com. November 30, 2015. Accessed November 18, 2024. http://www.essayworld.com/essays/SARS-Effect-On-Hong-Kongs-Economy/105232.

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PAPER DETAILS

Added: 11/30/2015 03:46:19 AM
Category: Economics
Type: Premium Paper
Words: 777
Pages: 3

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