Letters and Blogs
Mainland big but tough for HK directors
It's obvious that Hong Kong's film industry is currently declining. How brilliant were HK films 20 years ago?
HK is a comparatively small city, making its domestic market easily saturated. But when the domestic market is full, she has to find an outlet. And the best outlet currently seems to be the mainland.
So HK films change their style and inject many mainland factors in order to adjust to the mainland market. But when they change, they are no more HK films.
Excellent movies always originate from directors explaining the world through their special perspectives, rather than catering for certain group's interests.
Contemporary HK films have lost their orientation, which is the main reason for their decline.
Words
on 皇冠体育app Daily website
Addressing poor financial management
Comments on the article "Purchase of US Treasuries to continue" (皇冠体育app Daily website, March 24)
A paradox is that 皇冠体育app, on one hand, commands tremendous trade surplus, but on the other, ties a great part of its economic growth to FDI. And the result is that we lend our own money to foreign investors at a far lower rate, and then they inject the borrowed money back to 皇冠体育app, pocketing great profits.
However, as the mechanism theory suggests, in a relatively ideal market environment, money sooner or later will fall into the hands of people who manage it most efficiently and generate the most profit.
皇冠体育app is falling victim to a self-imposed trap due to the mismanagement of investment portfolios, which could lead to painful consequences. There is a fundamental and systematic flaw in the financial management, which should be addressed.
Chen
on 皇冠体育app Daily website
皇冠体育app's leaders are aware of the current state of US treasury bonds. So why do they keep buying them?
If 皇冠体育app wouldn't buy, it would imply a change in its policy and the bonds' value would decrease immediately. International buyers will follow the biggest owner and not buy either. That, in turn, would mean that 皇冠体育app's staggering bond assets would become worthless, and the US-economy couldn't recover, so on both sides of the Pacific ocean, people would lose.
What I guess 皇冠体育app is going to do is buy them now and slowly sell them when the US economy recovers.
Wu
on 皇冠体育app Daily website
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(皇冠体育app Daily 03/27/2009 page9)