Attractions that Children Loves In Hong Kong

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Soaring skyscrapers, villages built on stilts, top-of-the-town panoramas and home-grown theme parks. Variety is the spice of Hong Kong’s attractions.

No other city in Asia offers such an amazingly varied array of attractions as Hong Kong. A rich assortment of sights stretching to the far reaches of the city, all packed into a small space. From world-class museums, ornate temples and tranquil nature parks, to bustling markets, dazzling light shows and ear-splitting fireworks displays, choose the one-of-a-kind thrill that suits your mood. One moment you can be immersed in a state-of-the-art 3-D superhero adventure at a theme park, the next you’re delving into history with a seat aboard a century-old tram tour or ferry, glimpsing up at one of the most spectacular modern skylines on the planet. A fascinating adventure beckons.

The Big Buddha & Po Lin Monastery

Erected in 1993, the enormous Tian Tan Buddha is one of the symbols of Hong Kong, a 34-metre-high statue that took a dozen years to complete and now watches over the many people of our city. It’s a must-see, and make sure to drop into nearby Po Lin Monastery, a sacred Buddhist sanctum. Alongside rich histories and gorgeous gardens, it has a delicious vegetarian restaurant open to the public.

Hong Kong Disneyland

The house that the Mouse built, Hong Kong Disneyland is a place where dreams come true. From mystical manors to the futuristic Tomorrowland, classic fairy tale rides to Wild West thrills, the park offers something for everyone, and is now fully expanded with your favourite Marvel and Star Wars characters on board. Spend your day on rides galore, and then stay the night at its family-friendly resort.

DukLing Harbour Cruise

Hong Kong’s harbour views are unrivalled, stunning skylines set against the surrounding waters. The best way to take it in is on a cruise, but instead of the standard tourist boat, book a ride aboard DukLing, an ancient Chinese fishing vessel complete with wooden decks and classic red sails. DukLing makes regular sailings throughout the day, but we recommend catching one of the sunset trips, or better yet, its special Symphony of Lights cruise, which is timed with the nightly show.

Ocean Park Hong Kong

Ocean Park isn’t just for the little ones, with plenty to enjoy for thrill seekers of all ages. Marvel at underwater oddities in the massive aquarium. See foxes, sea lions and pandas in its many enclosures. And let the adrenaline flow through thrilling rides all across the park, from raging rivers to roller-coasters. Weekends are often packed, so drop in on a school day to beat the queues.

The Peak

The Peak is Hong Kong Island’s highest point and a must-see site. The 360-views are stunning, with sweeping vistas of the entire city below. Here, you’ll see visitors from around the world jostling for selfies from the anvil-shaped Peak Tower. Next door, Peak Galleria mall offers an array of shopping and dining options, plus a viewing terrace with free entry. Most summit-seekers hop on the century-old Peak Tram, scaling steep inclines from Central’s base. But for a more green approach, snake your way from Hatton Road along the Morning Trail, an enjoyable hiking path.

Skyscrapers

The defining image of Hong Kong that creates such a striking impression: our skyline, made up of its fascinating medley of skyscrapers. From Central’s 88-storey Two ifc to Kowloon’s 118-floor International Commerce Centre. From the retro-themed Hopewell Centre, once the city’s tallest, to the I.M. Pei-designed Bank of China Tower. Each has its own distinct history, and all are best admired during the Symphony of Lights.

Tai O Village

A longstanding village that’s survived mass development, Tai O is a like a time warp: a trip back to the lives of Tanka fisher-families, coupled with hints of colonial history. The Tanka village houses are set right on the water, interconnected fishing abodes built on stilts in ordered chaos. Just minutes away is the Tai O Heritage Hotel, a hundred-plus-year-old former police station converted into a retro-styled hotel.

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Trump, Xi upbeat on trade after phone call; US targets more Chinese firms

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WASHINGTON/BEIJING – US President Donald Trump and Chinese President Xi Jinping, who spoke by telephone on Thursday, expressed optimism about resolving their trade dispute ahead of a high-stakes meeting at the end of November in Argentina.

But within hours of upbeat assessment, the US Justice Department took aim at another Chinese firm it accused of unfair practices, part of an across-the-board pressure campaign by the Trump administration targeting China.

Still, investors cheered the resumption of dialogue and a report that Trump was taking steps to resolve the tariff war, with shares in Asia hitting three-week highs on Friday and the dollar softening.

Trump said on Twitter that trade discussions with China were “moving along nicely,” and that he planned to meet Xi on the sidelines of a G20 summit, in Argentina, after the two had a “very good” phone discussion.

Bloomberg, citing people familiar with the matter, later reported that Trump wants to reach a trade agreement with China at the G20 meeting and that after the call with Xi, he had asked officials to begin drafting possible terms.

The news agency said it was not clear if Trump was easing up on demands that China has resisted, and it cited one person as saying intellectual property theft was a sticking point on a possible deal.

In comments in state media, Xi said he hoped China and the United States would be able to promote a steady and healthy relationship, and that he was willing to meet Trump in Argentina.

“The two countries’ trade teams should strengthen contact and conduct consultations on issues of concern to both sides, and promote a plan that both can accept to reach a consensus on the China-US trade issue,” Xi said on CCTV state television.

Xi was quoted as saying after the call with Trump that they had hoped to expand trade cooperation.

Neither leader specified any details of possible progress in their first known direct discussion in several months.

Trump administration officials have said that trade talks with China cannot resume until it comes up with specific actions it is willing take to meet US demands for sweeping changes to policies on technology transfers, industrial subsidies and market access.

The two countries have imposed tariffs on hundreds of billions of dollars of each other’s goods and Trump has threatened to put tariffs on the remainder of China’s $500 billion-plus exports to the United States if the disputes cannot be resolved.

Jacob Parker, vice president of China operations at the US-China Business Council in Beijing, said there were plenty of challenges that would require significant negotiations in advance of a meeting between Trump and Xi to ensure success.

“What negotiations have lacked to date has been that (presidential) level of engagement. If President Trump makes an agreement with President Xi, there is nobody above them to overturn it,” he said.

“We’re optimistic this is a potential off-ramp of increasingly antagonistic trade tensions and hope it leads to a pause and new negotiations,” he said.

Tu Xinquan, a trade expert at Beijing’s University of International Business and Economics, said he was skeptical that the Trump administration was truly ready to deal, and that other factors, such as the mid-term congressional elections, could be driving statements from the administration.

“The best situation (from a Trump-Xi meeting) would be no further actions, temporarily. But the tariffs already imposed will not go away,” Tu said.

Intellectual property theft

Just after the upbeat readouts of the Trump-Xi call, the Justice Department announced the latest in a list of actions against what the Trump administration calls China’s cheating through intellectual property theft, unfair corporate subsidies and rules hampering US corporations in China.

A Justice Department indictment targeted two companies based in China and Taiwan and three individuals, saying they conspired to steal trade secrets from US semiconductor company Micron Technology Inc.

This week, prosecutors announced an indictment against 10 defendants, including two Chinese intelligence officers and other computer hackers and co-conspirators, who are all accused of breaking into American company computers to steal data on a turbo fan engine used in commercial jetliners.

On Wednesday, US Secretary of State Mike Pompeo said China was probably Washington’s biggest long-term security challenge and the United States was engaged in a “multi-pronged effort … to convince China to behave like a normal nation on commerce” and respect international law.

But Trump struck a more affable tone on Twitter after the phone call with Xi.

“Just had a long and very good conversation with President Xi Jinping of China. We talked about many subjects, with a heavy emphasis on Trade,” Trump tweeted. “Those discussions are moving along nicely with meetings being scheduled at the G-20 in Argentina. Also had good discussion on North Korea!”

Earlier this week, Trump said he thought there would be “a great deal” with China on trade, but warned that he had billions of dollars worth of new tariffs ready to go if a deal did not materialize.

The United States has imposed tariffs on $250 billion worth of Chinese goods, with duties on $200 billion of the total set to increase to 25 percent from 10 percent on Jan. 1, 2019.

China has responded with retaliatory duties on $110 billion worth of US goods.

Credit to: Reuters

 

 

USD drops further on trade breakthrough hopes

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The major financial headline on Friday is reports that Trump has asked the cabinet to draft a possible trade deal with China – something that if occurred, would be welcome news for financial markets across the globe. This would also be seen as a major threat to the USD rally, meaning that this is the potential card to help encourage a jump in other currencies around the world, especially those in emerging markets. At time of writing, Trump is scheduled to meet Chinese authorities in a few weeks, with the potential outlook of a breakthrough in prolonged trade tensions representing an invesment opportunity for financial markets to further unwind of USD positions.

This comes shortly after the news yesterday that President Trump was quoted as saying that he and President Xi had a “long and very good” conversation while indicating in a Tweet that US and China discussions on trade were progressing. A potential breakthrough would obviously be welcome news for investors and financial markets globally, because the threat of a trade war conflict has been viewed generally as probably the largest risk to the world economy since the global financial crisis a decade ago.

This air of optimism is providing some inspiration for investors to put risk back into their portfolios, which is why global stocks and emerging market assets are benefiting from such headlines. It is viewed as a negative for the Dollar, considering that one of the reasons for prolonged Dollar strength over the past six months or so was because of the Dollar appeal in light of trade tensions, so further indications of progress in US-China trade talks would be seen as encouragement for traders to drive the Dollar lower from its new 2018 high just a few days ago.

Of course everyone would hope that we can continue to progress from trade tensions, but there is an air of caution that should still be used. These political risk headlines are completely unpredictable and nobody really knows what is going on behind closed doors with the trade negotiations, but it can be considered as a good sign that there are hopes of some sort of deal being agreed in the run up to the scheduled meeting between President Trump and Chinese President Xi Jinping at the G-20 nations summit in Argentina later this month.

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