Hong Kong
Transcript: Business Culture & Communication Presentation Created by (R)Andy Hong Kong Background of HK Hong Kong was occupied by the British colonies from 1841 up intill 1997, thats China resumed the exercise of sovereignty over Hong Kong, ending more than 150 years of British colonial rule. Hong Kong is a Special Administrative Region of the People's Republic of China. Its foreign relations and defense are the responsibility of China. However, Hong Kong is a customs territory and economic entity separate from the rest of China and is able to enter into international agreements on its own behalf in commercial and economic matters. Hong Kong is also home to the famous Bruce Lee. On behalf of Bruce Lee, who died at the age of 32 on July 20th 1973, a bronze statue costing over $100,000 was built to honor his legacy. The statue is an attraction near the waterfront at Tsim Sha Tsui. Population Business Profile Of HK Hong Kong’s free market economy is predominantly dependent on the international trade and finance. It is a global city that is a company and business hub, as well as being home to many famous banks and Hong Kong Stock Exchange. It has a major capitalist service economy with low taxation, free trade and minimum government intervention. Imports Of HK Roughly $2,714,756,332 dollars is imported with Hong Kong to Canada in the year of 2011. Top 5 Imports of HK to Canada 1. Electrical machinery and equipment 19.10% 2. Pearls, precious stones or metals 13.79% 3. Printed books, newspapers, etc. 8.00% 4. Toys, games, sports equipment 6.31% 5. Boilers, mechanical appliances, etc. 6.09% Exports of HK Roughly $318,466,167 dollars is exported from Hong Kong to Canada in the year of 2011. Top 5 Exports of HK to Canada 1. Pearls, precious stones or metals 39.14% 2. Aircraft and spacecraft 7.05% 3. Electrical machinery and equipment 5.67% 4. Meat and edible meat offal 5.57% 5. Nickel and nickel articles 5.53% Appearance -The color red is considered a lucky color in Hong Kong. -When dressing for a business meeting select a red tie to impress your host. -The color white is synonymous with death. -It is common in China to show one's surprise or dismay by sucking air in quickly and loudly through the lips and teeth. If you have been shown this gesture, it would be advisable to modify your request. Your host is obviously displeased. Behavior The handshake is fairly common in Hong Kong, however a slight bow will show a sign of respect. A round of applause may greet you during your visit. The Chinese like to applaud. You are expected to return the applause out of respect. Because Hong Kong is so densely populated the Chinese tend to converse very closely together. Do not rub your chopstick together before dining. It implies that you have been given poor quality chopsticks that may have splinters. Works Cited http://export.gov/hongkong/ Economy Background http://www.asiapacific.ca/statistics/trade/bilateral-trade-asia-product/canadas-merchandise-trade-hong-kong-sar HK Communication Hong Kong Culture http://www.state.gov/r/pa/ei/bgn/2747.htm Hong Kong is predominately Chinese with a population of approximately 7.1 Million as of 2012 and because Hong Kong is so densely populated the Chinese tead to converse very closely together. http://www.cyborlink.com/besite/hong_kong.htm -The use of only black and white materials for presentations, as colours are very significant. -Patience is important. The Chinese do not make business decisions quickly. -Silence is held in high regard in Hong Kong. Allow your host to contemplate without interruption -The handshake is fairly common in Hong Kong, however a slight bow will show a sign of respect.
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