~~~~~~~~~~~~
Hong Kong is a Special Administrative Region (SAR) of China.
 _China
Hong Kong Flag Inset:
Hong Kong Factbook:
"Occupied by the UK in 1841, Hong Kong was formally ceded by China
the following year; various adjacent lands were added later in the 19th
century. Pursuant to an agreement signed by China and the UK on 19 December
1984, Hong Kong became the Hong Kong Special Administrative Region (SAR)
of China on 1 July 1997. In this agreement, China has promised that, under
its "one country, two systems" formula, China's socialist economic system
will not be imposed on Hong Kong and that Hong Kong will enjoy a high degree
of autonomy in all matters except foreign and defense affairs for the next
50 years."
-CIA World Factbook
|
 Hong
Kong
- China
HONG KONG News:
20081008
 Japan
- Hong
Kong -  Indonesia
-  Taiwan
"Asian
markets crumble, Nikkei 225 dives 9.4%: Hang Seng
loses 8.2%, S&P/ASX 200 off 5%, Indonesia index slumps 10.4%." ...
"Asian markets crumbled Wednesday, as investors alarmed by a deteriorating
financial markets situation dumped blue-chip stocks to raise cash, sending
several indexes tumbling down to multi-year lows." ... ""It's not just
the hedge-funds, everybody is selling ... And there are no buyers," said
Dale Tsang, managing director at Imperial Dragon Asset Management Co. in
Hong Kong. "There is a state of panic, for cash. Everybody needs cash.""
... ""No, I haven't seen anything like this, and I don't think anybody
has seen anything like this before, except those who are over 75 years
old and have seen the Great Depression," Tsang added." ... "Japan's Nikkei
225 Average tumbled the most to close 952.5 points, or 9.4%, lower at 9,203.32
for its worst single-day percentage drop in years. The broader Topix index
lost 8% to 899.01. Both benchmarks declined for a fifth straight session."
... "In Taipei [Taiwan's capital], the Taiex tumbled 5.8% to 5,206.40,
its lowest level since July 2003. " -By V. Phani Kumar
-MarketWatch
20080122
-
 World
-  US
-  India
- Japan
- China
- Hong
Kong -  South
Korea -  Singapore
- Indonesia
- "World
markets continue to sink over U.S. woes: India exchange
briefly suspended after 9% drop tied to investor pessimism." ... "Japan's
Nikkei 225 index, the benchmark for Asia's biggest bourse, plummeted 5.7
percent to close at 12,573.05 on the Tokyo Stock Exchange, the lowest close
since Sept. 8, 2005. In China, the Shanghai Composite Index fell 7.2 percent
to its lowest close since early August." ... "Trading was halted in India
when the Sensex index plummeted 9.75 percent within minutes of opening.
Hong Kong's Hang Seng index dropped 8 percent by midday after diving 5.5
percent the day before." ... "Asian markets have fallen sharply since the
start of the year: Japan's benchmark index has sunk nearly 17 percent,
while the Hang Seng is down a stunning 22 percent." ... "That slide continued
Tuesday, with benchmark indices in China, South Korea and Singapore falling
at least 4 percent. Australia's benchmark index slid 7.1 percent and Indonesia's
market was down 9 percent." -AP
via -MSNBC
20080121
-
US
- India
- Japan
- Hong
Kong - China
-
 Australia
- South
Korea - Singapore
- "Asian
stocks tumble on US recession fears." ... "Asian
stock markets fell sharply on Monday as a $140bn fiscal stimulus package
outlined on Friday by [Republican] President George Bush did nothing to
assuage investor fears of a recession for Asia’s most important trading
partner." ... "India led the declines, with the benchmark Sensex Index
plunging nearly 11 per cent at one point, before finishing down about 7
per cent." ... "In Tokyo [Japan's capital], the Nikkei 225 slumped 3.9
per cent to close near a 27-month low of 13,325.94. The index has lost
a quarter of its value in the past six months." ... "Hong Kong stocks dropped
5.5 per cent while H shares, or Hong Kong-listed shares of mainland Chinese
companies, skidded 7.1 per cent. Australian stocks extended their losing
run to an 11th straight session, falling 2.9 per cent. South Korea’s Kospi
shed 3 per cent to 1,683.56 as exporters LG
Philips LCD dropped 1.1 per cent to Won40,400 and Hyundai
Motor dropped 0.5 per cent to Won67,100. Singapore was down over 5
per cent in late afternoon trading." -By Lindsay Whipp
and Joe Leahy -FT.com
20071209
-
 Secret
-  Rudy
Giuliani
-  Drug
-  Government
-  Politics
-  Qatar
- Hong
Kong -  North
Korea -  Crime
- Global
- US
- 2008
Election - "Giuliani
Won't Release Client Names." ... "For the past year,
though, Giuliani has declined to identify his clients on the grounds that
they entered into confidentially agreements with his firm." ... "Giuliani
formed the consulting firm in early 2002, offering "management consulting
service to governments and business" and over the next five years it earned
more than $100 million. That income, along with a robust speaking schedule,
helped transform the moderately well-off public servant into a globe-trotting
consultant whose net worth is estimated to be in the tens of millions of
dollars." ... "Giuliani Partners has represented a pharmaceutical company
mired in a lengthy investigation; a confessed drug smuggler who hired Giuliani
to ensure his security company could do business with the federal government;
and the horse racing industry, which was eager to recover public confidence
after a betting scandal." ... "But many of the firm's clients have never
been listed on its web site or identified publicly by associates, and two
of the most controversial arrangements among them only surfaced in recent
weeks. One involved a 2005 agreement to provide security advice to the
government of Qatar. The second stemmed from a deal to assist a partnership
proposing a Southeast Asian gambling venture. Among the partners were relatives
of a Hong Kong billionaire who has ties to the regime of North Korea's
Kim Jong Il and has been linked to international organized crime, according
to a report in the Chicago Tribune." -By Matthew Mosk
-WashingtonPost
20071121
-
Secret
- Rudolph
Giuliani
-
 Nevada
-  New
York
- US
- Singapore
- China
- North
Korea - International
- Crime
-  Law
- 2008
Election - "Giuliani's
business ties create challenge: Was a consultant
for controversial tycoon." ... "Nine days after registering his presidential
exploratory committee last November, [2008 Election Republican Presidential
Candidate] Rudolph Giuliani appeared in Singapore to help a Las Vegas [Nevada]
developer make a pitch for a $3.5 billion casino resort." ... "Though the
bid ultimately failed, and there was nothing illegal about the involvement,
it drew Giuliani into a complex partnership with the family of a controversial
Hong Kong [China] billionaire who has ties to the regime of North Korea's
Kim Jong Il and has been linked to international organized crime by the
U.S. government." ... "Giuliani's participation as a security consultant
in the Singapore gambling venture illustrates the challenge he faces while
attempting to win the Republican presidential nomination with a law-and-order
message while maintaining a far-flung, international business portfolio,
an unknown portion of which remains in the shadows." ... "Even today, more
than a year after the former New York mayor signaled his intention to run
for the presidency, it remains impossible to fully evaluate Giuliani's
business dealings because he has declined to list all of the clients in
Giuliani Partners, the consulting firm he founded and heads." (1, 2,
3)
-By Andrew Zajac and Evan Osnos with contributions
by Rick Pearson -ChicagoTribune
20060324
-
US
- China
- Government
-
 Transport
-  Nuclear
-  Terrorism
-  Military
-  Intelligence
- "U.S.
Hiring Hong Kong Co. to Scan Cargo: U.S. Hiring [a
Chinese] Hong Kong Conglomerate to Help Detect Nuclear Materials Passing
From Bahamas to U.S.." ... "But U.S. customs agents won't be on site to
supervise the machine's use as a nuclear safeguard for the American shoreline
that is just 65 miles away from Freeport. Under an unusual arrangement,
a Hong Kong company [Hutchison Whampoa Ltd. in a no bid contract]
will help operate the detector." ... "While President Bush recently reassured
Congress that foreigners would not manage security at U.S. ports, the Hutchison
deal in the Bahamas illustrates how the administration is relying on foreign
companies at overseas ports to safeguard cargo headed to the United States."
... "Three years ago, the Bush administration effectively blocked a Hutchison
subsidiary from buying part of a bankrupt U.S. telecommunications company,
Global Crossing Ltd., on national security grounds." ... "And a U.S. military
intelligence report, once marked "secret," cited Hutchison in 1999 as a
potential risk for smuggling arms and other prohibited materials into the
United States from the Bahamas." (1, 2,
3,
4)
-By Ted Bridis and John Solomon with contributions
by Bill Foreman and Jim Gomez -AP
via -ABCNEWS.com
20050531
-
-
-
- "China
Arrests Journalist on Allegations of Spying (Update2)."
... "A reporter for Singapore's Straits Times newspaper was arrested in
China for spying after a monthlong detention led to his confession, according
to the Chinese foreign ministry." ... "Ching Cheong, a Hong Kong resident
who holds a British National Overseas passport, admitted that he worked
for ``foreign intelligence agencies and accepted large amounts of spying
fees,'' the ministry said in a faxed statement today. The statement didn't
identify the agencies." ... "China, with 42 journalists in prison as of
Dec. 31, was the leading jailer of journalists for a sixth straight year
in 2004, according to the New York-based Committee to Protect Journalists."
-By Janet Ong -Bloomberg
20050417
-
-
- Malaysia
-
- Tom
DeLay - "Think
Tank's Ideas Shifted As Malaysia Ties Grew: Business
Interests Overlapped Policy." ... "For years, the Heritage Foundation sharply
criticized the autocratic rule of former Malaysian prime minister Mahathir
Mohamad, denouncing his anti-Semitism, his jailing of political opponents
and his "anti-free market currency controls."" ... "Heritage's new, pro-Malaysian
outlook emerged at the same time a Hong Kong consulting firm co-founded
by Edwin J. Feulner, Heritage's president, began representing Malaysian
business interests. The for-profit firm, called Belle Haven Consultants,
retains Feulner's wife, Linda Feulner, as a "senior adviser."" ... "On
Sept. 27, 2001, Belle Haven hired Alexander Strategy Group, a Washington
lobby firm run by Edwin A. Buckham, a former chief of staff to House Majority
Leader Tom DeLay (R-Tex.), to help represent Malaysian clients." -By
Thomas B. Edsall with contributions by Susan Schmidt and Lucy Shackelford
-WashingtonPost
-
-
-
- Tom
DeLay
- Florida
- Travel
- "The
Foreign Junket: Who Paid for the Malaysia Trip?"
... "On Aug. 30, 2001, then majority whip Tom DeLay, his wife, his staff
and two Florida Republican House members arrived in Malaysia on what was
billed as an educational trip." ... "A Heritage senior fellow who was on
the trip tells TIME that it wasn't Heritage. He says that Belle Haven Consultants,
a for-profit, Hong Kong-based firm linked to the Malaysian government,
played a key role. "Heritage had nothing to do with it," says the senior
fellow, former Wyoming Senator Malcolm Wallop. "Belle Haven did."" ...
"It would be a violation of House ethics rules if a group other than the
official sponsor paid for a trip for a member of Congress." -By
Massimo Calabresi
-TIME.com
20040415
-
-
-
- "Cheney
Warns China About Hong Kong: Policy There Linked
to Taiwan, He Says." ... "Linking two contentious issues in U.S.-Chinese
relations, Vice President Cheney warned China's leaders Wednesday that
any efforts by Beijing to thwart democracy in Hong Kong would likely reinforce
the budding movement in Taiwan to formally separate from China." ... "Cheney's
message, which was described, on condition of anonymity, by a senior administration
official, echoed the arguments of recently reelected Taiwanese President
Chen Shui-bian, who has vowed to draft a new constitution for the island
by 2006. In the talks, Cheney reiterated the long-standing U.S. position
that there is "one China," a statement prominently mentioned in China's
state media." -By Glenn Kessler and Edward Cody -WashingtonPost
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- "Hong
Kong Postpones Timetable For Reforms: Beijing's Request
for Talks Forced Delay, Officials Say." ... "Hong Kong's chief executive,
Tung Chee-hwa, indefinitely postponed plans Wednesday to set a timetable
for democratic reform, breaking a promise made after huge street demonstrations
last summer. Senior aides blamed the delay on a last-minute request from
Chinese leaders for consultations on "matters of principle and legislative
process."" ... "By requesting the delay and asking for talks just before
preliminary discussions about political reform were to be scheduled in
Hong Kong, China's Communist leaders signaled a new willingness to intervene
openly and directly in the affairs of the former British colony, which
was promised a high degree of autonomy after its handover to Chinese rule
in 1997." -By Philip P. Pan
-WashingtonPost
- "China
Releases 3 Internet Writers, but Convicts 1 Other."
... "China released three Internet essayists who were detained a year ago
for criticizing the government, including a college student in Beijing
whose arrest on subversion charges had attracted international attention,
a human rights group based in Hong Kong reported Sunday." -By
Philip P. Pan -WashingtonPost
- 
- "WHO
lifts warning as Canada halts SARS gains." ... "WHO
Director General Gro Harlem Brundtland, former prime minister of Norway
and a medical doctor, said the magnitude of the SARS outbreak in Toronto
has decreased. Speaking at a press conference in Geneva after meeting with
a delegation of Canadian health officials, Brundtland said: ''It has now
been 20 days since the last cases of community transmission, and there
are no confirmed new export cases out of Toronto or Canada. We will be
lifting the travel advice for Toronto, Canada.''" ... "In Asia, the disease
continued to spread. Hong Kong reported 12 new deaths, China nine, and
Singapore one. The global death toll climbed to at least 355, with more
than 5,300 infections in more than 20 countries, including probable cases
reported for the first time in South Korea, Mongolia, and New Zealand."
-By Colin Nickerson
-Boston/Globe
