https://www.scmp.com/rss/309526/feed Rick Tang is a California lawyer who has lived and worked in six countries in investment for over 30 years. He now splits his time between managing his family assets and philanthropy. Rick serves as a trustee and chairman of grants allocation for Fu Tak Iam Foundation. He also teaches HKU students and NGO managers how to raise funds from family foundations. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com The traditional world of trade and commerce was built on a system of developed nations buying cheap products exported from developing ones. Low labour costs in the emerging economies made it possible for families in the West to own affordable washing machines and dryers, microwave ovens, refrigerators and TV sets. The savings from buying these cheap products were ploughed into their own economies to create healthy domestic consumer markets. Emerging economies also benefited; they increased their... https://www.scmp.com/comment/insight-opinion/article/2040982/why-it-us-interests-accept-china-equal-asia-pacific?utm_source=rss_feed https://www.scmp.com/comment/insight-opinion/article/2040982/why-it-us-interests-accept-china-equal-asia-pacific?utm_source=rss_feed Sun, 30 Oct 2016 17:02:31 +0000 The young people who have been occupying the main arteries of Hong Kong have acted in a responsible manner. Most of them exercise restraint. They keep the occupied areas clean. They remain calm. But they have overstayed their welcome. They must now clear the roads, or be cleared by force. The police also have exercised the utmost restraint. They display first-class discipline. They plead with the protesters patiently again and again to clear certain areas. I dare say no other country has a... https://www.scmp.com/comment/insight-opinion/article/1610646/protesters-must-clear-roads-or-be-cleared-force?utm_source=rss_feed https://www.scmp.com/comment/insight-opinion/article/1610646/protesters-must-clear-roads-or-be-cleared-force?utm_source=rss_feed Mon, 06 Oct 2014 09:30:30 +0000 When President Xi Jinping came into office in November 2012, he declared that he would strike the "tigers" and the "flies" in a crackdown on corruption. Since then, over 37 "tigers" and many "flies" have been caught, the latest being former security chief Zhou Yongkang. Xi is winning the war on corruption, but he must also lead the nation to embrace the rule of law. The double-digit growth during the last administration raised the quality of life of the people significantly. But it is... https://www.scmp.com/comment/insight-opinion/article/1564374/embracing-rule-law-wouldhelp-realise-chinese-dream?utm_source=rss_feed https://www.scmp.com/comment/insight-opinion/article/1564374/embracing-rule-law-wouldhelp-realise-chinese-dream?utm_source=rss_feed Sun, 03 Aug 2014 18:46:49 +0000 The major pharmaceutical multinational GlaxoSmithKline is being investigated by the Chinese authorities for anti-trust and bribery offences. It is alleged that the company's management in China orchestrated an industry-wide bribery scheme to designate GSK's products as the "drugs of choice" for patients. The scheme involved paying bribes to professionals in the medical, hospital and pharmaceutical industry. It is also claimed that prices were fixed, resulting in unreasonably high retail prices... https://www.scmp.com/comment/insight-opinion/article/1306306/chinas-gsk-probe-motivated-solely-wish-curb-corruption?utm_source=rss_feed https://www.scmp.com/comment/insight-opinion/article/1306306/chinas-gsk-probe-motivated-solely-wish-curb-corruption?utm_source=rss_feed Sun, 08 Sep 2013 16:00:00 +0000