It seems that China never ceases to surprise me. I've discovered it began to really like wine, whiskey, and rum. Gee.
I suspect that luxurious wines have increasingly become an investment vehicle for the rich of China, where not many viable investment vehicles can be found. On the other side, speculation and bone-deep red hot consumerism certainly help that phenomenon.
And, Hong Kong, even "scrapped all duty on wine and beer, becoming the centre of the world's fine wine sales in the process". On a related note, I'll be curious to know where the key competencies are for Hong Kong in the forthcoming years:
Finance? No? Yes?
Creative industry? No? Yes?
Knowledge industry? Not likely at all.
Business services industries such as accounting? No? Yes?
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