Why Macau And Hong Kong Have Advantages Today In Global Finance
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1) A short paper, no more than 500 words. Briefly describe why Macau and Hong Kong have advantages today in global finance.
2) A short paper, no more than 1000 words. Suppose I am in Hong Kong, and I want to pay attention to the best financial and political news so that I can understand the situation. Please list for me the 10 best sources I should regularly read. Be sure to give me sources that will help me understand all points of view – which means, for example – that I will need to read important news not only from Hong Kong but also from Beijing, Washington DC, and London, perhaps. Any language is acceptable. Probably you will want to give me official sources from governments or large official organizations/companies, and also sources from news organizations.
3) A longer paper, between 2000-3000 words. For your final paper, I would like you to consider a “worst-case” scenario. In this scenario, suppose that Beijing and Washington DC have loudly taken opposite points of view about the status of Macau and also Hong Kong. Suppose that London and Berlin are also not agreeing. In other words, suppose that everyone is mad at everyone else. With everyone mad, you should also suppose that each government is imposing penalties of various kinds – so, for example – suppose that the USA has imposed some kind of restriction on financial transactions out of Hong Kong. Please describe for me just how bad you think that worst-case scenario could be, and then describe for me how you would advise an investment planner to prepare for that situation. How can the investment planner still run his business in that environment? Which kinds of investment products (tax planning, insurance, trust services) would still be best to operate, and for which customers?
Be sure to give sources in your final paper. Your sources are just as important as your paper.
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