Showing posts with label business. Show all posts
Showing posts with label business. Show all posts

2 November 2010

How Papers Report on Murder in Hong Kong


These past seven days have seen two foreigners in the Hong Kong news but for the wrong reasons. Kelsey Mudd, a student at California State University, was convicted of murder and sentenced to about 4 years in jail. This student possesses citizenship in 3 countries: the United Kingdom, the United States and Australia. 

Perhaps more interesting than his citizenship status was how the student was portrayed by two competing English dailies in Hong Kong. The Standard, which charges no price for their paper and offers free online content, referred to the student as an Australian. But the South China Morning Post, which offers no free paper and no free online content, referred to the student as an American. 

I couldn't help but note this rather obvious difference in reporting. But as papers are fond of feigning neutrality, I began wondering about the meaning behind it. Are hidden motives involved? Are the papers biased against a particular country?

The other foreigner in the news is Nancy Kissel, who was previously convicted of murdering her husband but now has an opportunity to overturn the conviction. Again, there are differences in how the two papers approach the story, though this time nationality is not at issue.

The Standard hasn't bothered printing a single article about a possible retrial of Ms. Kissel, but the South China Morning Post, which has shown interest in covering the trial's new developments, printed a story on 2 November 2010 in which an anonymous staff writer seems to complain about a recent court order that effectively gags media coverage of the new hearings. In regards to the Kissel case, perhaps the familiar saying applies, 'another man's trash is another man's treasure'.

26 October 2010

Valueless Money

Welcome to Sino File, my blog dedicated to the discussion of sinology from a modern perspective. This site deals entirely with sinology so unless you're interested in Chinese matters you may soon become incredibly bored.

I was waiting for a more auspicious day to begin Sino File but the remainder of 2010 is fresh out of days in the Chinese calendar that would make this launch more memorable. I'll therefore have to settle for plain old today.

Hong Kong coin denominations below one dollar
I was standing in line one hot summer day in Tsuen Wan waiting to buy a cold milk tea. As the cashier rang up my order, I began digging in my coin pouch for spare change. I counted out twelve dollars in coins: 1 ten dollar coin, 1 one dollar coin and 2 fifty cent coins. After handing over my money to the cashier something strange happened. In fact, it was fantastically strange. She immediately handed me back the 2 fifty cent coins with the simple explanation that they don't accept small coins!

As I gazed into the cashier's face with what I'm sure was a dumbfound look, I couldn't help but analyze the event that had just transpired. She's not taking my money. Is there something wrong with me? Is there something wrong with my money? Being a simple man and not being able to comprehend what just happened, I inquired further about this policy. Unfortunately, all I could get from the young lady was the same apology and the repeated fact that they don't accept small coins. A bit upset that my money was worthless at the shop, the cashier returned my coins and I walked off feeling robbed.

Over the next few days, friends and colleagues related similar tales of frustration when trying to use their small coins. In fact, a lady colleague of mine told me how a mini bus driver berated her for attempting to pay the bus fare with small coins. Today, most shops in Hong Kong won't accept them.

The refusal of businesses to accept small coins is a result of banks instituting fees for handling them. This greedy practice has caused the good people of Hong Kong to question the real value of the coins they keep at home, especially the elderly who are fond of using change to pay for newspapers and fruit.

It's little surprise then that the biggest culprits are two of the biggest banks in the city: HSBC and the Bank of China. The former charges a maximum of 10% while the latter charges 5%.

Highway robbery at its finest.