(855) 4-ESSAYS

Type a new keyword(s) and press Enter to search

Import Food Control and Hong Kong's Competitiveness

            Imagine a city where most of the food, if not all, in the territory are literally inedible, and premature death is rampant, would you still take risk and stay? A staggering number of food scandals in Hong Kong have caught the attention of the public lately. These scandals apparently provide ample evidence for the government's loosened import food control, and this would give rise to a food-borne disease outbreak that causes economic loss and social disorder.
             Firstly, it is without doubt a blunder for the government to be negligent in import food control because it would adversely affect our economy. Hong Kong always prides itself on high standard of food safety; however, its reputation as a "food paradise" has been blemished because the consecutive food scares give people an impression that the food here is no longer uncontaminated (Ngo, & Lai, 2014): McDonald's scandal of importing expired meat and the "gutter oil" scandal in July and September 2014 respectively (Ramzy, 2014). The repeated occurrences of similar scandals will cause long-lasting damages to the tourism and get the government into a financial predicament, given the importance of tourism in Hong Kong's economy. Take a look at China's tourism performance, which has already been affected by the food scandals (e.g., pork meat scandal): In 2013, China's inbound tourism declined by 2.5% compared with the previous year (Xiao, & Zheng, 2014). The public distrust prompts a catastrophic fall in income from foreign investments, due to the expected decreasing returns. This happens in Hong Kong as well: The successive scandals have decreased its direct investment income by 2.0% in 2013 (Hong Kong's Information Services Department, 2014).
             Apart from the economic aggravation, the mishandling of import food will undermine social stability. Hong Kong's citizens think consumer right and food safety guarantee are essential as basic human rights.


Essays Related to Import Food Control and Hong Kong's Competitiveness

1. Chinas Economics

The government also established four special economic zones to attract foreign investment and boost exports and imports. The decentralisation of economic control of various enterprises was given to provincial and local governments. This allowed enterprises to operate more freely and competitively, rather be controlled by the central government. ... Therefore, the state price controls on good and services were gradually eliminated. ...

  • Word Count: 5709
  • Approx Pages: 23
  • Grade Level: High School

2. American Business and Outsourcing to Japan

Only 12% of the land is suitable for agriculture but Japan is blessed with bountiful coastal waters that provide the nation with fish and other marine foods. ... Most important trade partners are China and the USA, followed by South Korea, Hong Kong, Thailand and Germany. Imports consist raw materials such as oil, foodstuffs and wood. In the 80s, there was a rapidly raising a trade surplus and that was the reason Japan has a surplus in its export and import balance. ... These firms have been much more profitable and competitive than their better-known peers. ...

  • Word Count: 1478
  • Approx Pages: 6
  • Has Bibliography
  • Grade Level: Undergraduate

3. The U.S Economics Might Today

A well-developed market system The gold market of New York has been co-listed with London, Hong Kong and Zurich as the world 4 top gold markets . ... A market economy was controlled by the forces of supply and demand. ... The development of technology determines the competitiveness of such country. ... The export and import of goods is called the merchandise trade account and the export and import of services is called the invisible account. Merchandise trade covers exports and imports of automobiles, machinery, food and beverages, agricultural products, and other tangible goods. ...

  • Word Count: 1977
  • Approx Pages: 8
  • Grade Level: High School

4. Globalization

Many people believe that exports create jobs, and imports cost jobs and that it therefore makes sense to have barriers against imports. ... Most exports also use some imports. To take a simple example, a country might export packaged sugar, but import the packets. Lowering import barriers makes export industries even more efficient and competitive in world markets. ... Capitalism is essentially diverse, as the traveler from Tokyo to Hong Kong, Zurich, Buenos Aires and New York will discover. ...

  • Word Count: 2555
  • Approx Pages: 10
  • Grade Level: Undergraduate

5. The use of sweatshops by Fashion Industry

The owners', of these sweatshops', strategy is to attract the workers by promising high salaries, accommodation and safe environment but when the workers actually begin to work, their salaries drop to pennies a day, accommodation and food are extra and the environment is harsh. ... In March-November 2000, the Hong Kong Christian Industrial Committee (CIC) investigated working conditions in 12 Disney contract factories in Guangdong province in southern China. ... Those violations include: excessively long hours of work, poverty wages, unreasonable fines, workplace hazards, poor food,...

  • Word Count: 2117
  • Approx Pages: 8
  • Has Bibliography
  • Grade Level: High School

6. Global Apparel Sourcing for US----The post January 01, 2005 scenario.

In other words it signifies the basic needs of humans----food, clothing and shelter---and affects each and every member of the society in one way or the other. ... Before the agreement took effect, quotas controlled a large portion of trade in the sector. ... Further, apparel sector is one of the five expenditure categories of the Consumer Price Index in US with Food & Beverages, Housing, Transportation and Medical Care being the other four. ... It controls how an importer negotitates apparel price with his vendor in the Orient all the way up to the hectic high-level trade negotiations be...

  • Word Count: 6737
  • Approx Pages: 27
  • Grade Level: High School

7. United States and Russian Natural Gas Industries

Gazprom also controls most of Russia's gas reserves, with more than 65% of proven reserves being directly controlled by the company and additional reserves being controlled by Gazprom in joint ventures with other companies. ... In order to meet the demand for natural gas, the United States relies on domestic production, imports of dry gas, and imports of Liquefied Natural Gas (LNG). ... Natural Gas Imports and Exports According to EIA, net imports of natural gas account for about 17 percent of natural gas use in the United States annually. About 88 percent of U.S. natural gas imports were...

  • Word Count: 3746
  • Approx Pages: 15

8. Palandri Wines Marketing Strategy To Singapore

It is ideal served with fish, chicken or lightly spiced Asian food and seafood. ... Even though wine is not a central part of the local Singapore food culture, I am sure the Singaporeans would adopt an instant attraction to this wine. ... - Large customer segments in Singapore, Malaysia and Japan - Westernisation of food tastes in Singapore, Malaysia and Thailand - An increasing number of foreign travellers and tourists are visiting Australia, therefore Australian brand names are increasing in popularity in countries all over the world THREATS - Possibility of price fluctuations on...

  • Word Count: 5777
  • Approx Pages: 23
  • Has Bibliography

9. Italy & InternationalLogistics

Italy's major exports consist of engineering products, textiles and clothing, production machinery, motor vehicles, transport equipment, chemicals, food, beverages, tobacco, and minerals. ... The festival is filled with an array of costumes, music, food, and dancing. ... Italy has few natural resources and it imports mostly raw materials and energy requirements. ... Its major industries consist of precision machinery, motor vehicles, chemicals, pharmaceuticals, tourism, iron and steel, food processing, textiles, ceramics, electric goods, and fashion and clothing. ... Chapter 2: ...

  • Word Count: 5889
  • Approx Pages: 24
  • Grade Level: High School

Got a writing question? Ask our professional writer!
Submit My Question