Word: kong
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...confirms that Shangri-La's occupancy rates were down in the fourth quarter of 2008 (the company hasn't released specific figures). Shares of Shangri-La's Hong Kong - listed holding company have plunged by two-thirds from their 52-week high. Still, Rao says he currently has no intention of throttling back. Armed with cash from a $668 million rights offering in 2007 and $700 million in available credit, Rao feels he has the financial muscle to absorb the shock of the slowdown. He remains bullish on the prospects for Asia, and particularly for China, where Shangri-La already...
...because of the long links kept between curators even through the worst moments of Saddam Hussein," says MacGregor. In a world where political relationships can be as fragile as an ancient vase, that's a lesson leaders would be wise to remember. - With reporting by I-Ching Ng / Hong Kong...
...idea that's enjoying a resurgence in popularity. Last year, ahead of the Beijing Olympics when China faced renewed criticism over human rights, the British Museum staged exhibitions on the history of the Games in Shanghai and Hong Kong, sending more than 110 invaluable items, including the 2nd century marble statue The Discus Thrower, which the museum had never allowed overseas. And on Feb. 16, the directors of Beijing's Palace Museum and Taipei's National Palace Museum brokered a deal to send Chinese imperial artifacts to Taiwan for the first time in 60 years. In a show scheduled...
...things to do in Hong Kong...
...things to do in Hong Kong...