The paper "Hong Kong’ s Macroeconomics" is a perfect example of a micro and macroeconomic case study. This study explores the performance of property investment in Hong Kong and does a comparison with the property business in Australia. The aim of this comparison is to investigate whether or not, the investment in Hong Kong is better than that of Australia. This will, in turn, enable my employer to make a reasonable decision to invest in residential property investment as well as commercial property businesses. It presents a report on the present condition of the Hong Kong property business, focusing on recommendable decisions for my employer to best invest AUD 100 Million in the Hong Kong property investments business. This program involves a proper review of the macroeconomic market indicators for the business in Hong Kong.
Considering the cultural difference between Australia and China, this study will proceed to identify cultural and ethical issues which the Australian investor in the Hong Long Market like my employer would be interested in. If the indicators are relevant to the investor, then this study will enter into a session of comparing multinational indicators.
The main objective of this study is to present adequate information about the Hong Kong business cycle in the property business for the board. Finally, it will advise the board on whether the Hong Kong property market is a potential market or not. Introduction This study shows the interest that an investor has in the property market and the factors that need to be considered before getting into a foreign market. My employer is in the same category because being an Australian Company; it is interested in capturing the market in Hong Kong.
Preliminary studies about the new market are very critical. It is vital for my employer to understand the strength of the market before venturing into it. This is where the need for comparison between the Australian Market and that of Hong Kong. If it appears that Australia performs better than Hong Kong in the property business, then it would be better to decline the prospective move into the Hong Kong market.
Ahuja, A & Myrvoda, A 2012, The Spillover Effects of a Downturn in China’s Real Estate Investment, International Monetary Fund, New York, p14.
Baum, A 2009, Commercial Real Estate Investment: A Strategic Approach, Taylor & Francis, Florence, UK, p43.
Bert S & Dam, L 2007, Culture Values and International Differences in Business Ethics, Journal of Business Ethics, p.1-12.
Earnshaw, G 2006, China Business Guide 2006, China Economic Review Publishing, Birmingham, p62.
Jacobus, CJ 2009, Real Estate: An Introduction to the Profession, Cengage Learning, Boston. p.23.
Jarvis, DSL 2003, International Business Risk: A Handbook for the Asia-Pacific Region, Cambridge University Press, Cambridge, P.234.
Jones, C, White, M & Dunse, N 2012, Challenges of the Housing Economy: An International Perspective, John Wiley & Sons, Taman, Malaysia, p54.
KLU, 2005, China Intellectual Property Law Guide, Kluwer Law International, p36.
Krueger, T 2008, Potential and Opportunities for China's Real Estate Industry, GRIN Verlag, Berlin, p45.
Levine, ML 2004, International Real Estate: A Comparative Approach, Dearborn Real Estate, Dearborn, pp33.
Lynn, DJ 2010, Emerging Market Real Estate Investment: Investing in China, India, and Brazil, John Wiley & Sons, Taman, Malaysia, p67
Seal, JM & Penrith, D 2008, Live & Work Australia, Crimson Publishing, London.
Suryadinata, L 2008, Ethnic Chinese in Contemporary Indonesia, Institute of Southeast Asian Studies, Heng Mui Kenf, p34.
Thomas, N 2004, Re-Orienting Australia-China Relations: 1972 To the Present, Ashgate Publishing, Ltd, Farham, p203.
Wei, Y 2000, Investing in China: The Law and Practice of Joint Ventures, Federation Press, New Delhi, p114.
Zhang, W & Alon, I 2010, Guide to the Top 100 Companies in China, a, World Scientific, New York, p42.