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3 mars Communism compromised!For once, they are truly Red… in the face, though! From politburo boss Prakash Karat down to the lowliest Kerala state unit member of the Communist Party of India (Marxist), everyone is flushing, trying to defend one man whose name has become synonymous with corruption and political arrogance. He is the state party secretary Pinarayi Vijayan.  His acts of 1997 have come back as a ghoul in 2008-09 in the form of a Central Bureau of Investigation progress report to the Kerala High Court on Vijayan’s alleged illegal acts in granting a major power project to the Canadian company SNC Lavalin, which even backed out without keeping its promise and without there being any major difference in the state’s power generation. Vijayan had kept the agreement with SNC as a non-binding MoU!Now the CBI is after him, waiting for the nod from state governor, RS Gavai, to prosecute the former power minister and ten of his cronies in the nearly Rs 380 crore scam. And despite repeated and serious warnings by Kerala Chief Minister VS Achutanandan, or simply VS, as he is commonly known, that the party was on a hara-kiri route projecting Vijayan as a ‘victim of political conspiracy’ by the previous government in the upcoming road show ahead of the general elections, the party mandarins at the red bastion in Delhi are doing just that. Prakash Karat, whose blue-eyed boy Vijayan is, and who helped the latter belittle the perfectly honest VS at every possible step, is the god father, raising serious questions in the minds of party followers in Kerala. The CBI’s charge is that Vijayan, who was power minister from May 1996 to October 1998, colluded with K Mohanachandran, former principal secretary (power) and Kerala State Electricity Board (KSEB) chairman, and hatched a ‘criminal conspiracy’ to illegally award the contract to SNC. Vijayan led a high level delegation to Canada in October 1996 and held discussions with SNC Lavalin and the Canadian International Development Agency for upgrading Pallivasal, Chengulm and Panniyar hydro-electrical projects They decided to award the contract to SNC on a fixed-rate basis. The main consideration for the award of contract was a Rs 100 crore pari passu grant offered by SNC Lavalin to aid the Malabar Cancer Centre (MCC).....Continue 20 février No entry for John and Katrina!Usually, John Abraham  and Katrina Kaif are begged to attend parties to add glamour to them. But to everyone’s surprise, recently John and Katrina were treated like ordinary mortals and refused entry to a New York club as they had no identification proof on them! The bouncers were unmoved when the duo attempted telling them that they were popular Indian film stars! Eventually, they had to go back and fetch their IDs, but by the time they were allowed entry, the party was already on its way to getting over… Tough luck, guys.....Continue13 février Khukris over, now for bulletsThe posters  in Kalimpong and Kurseong subdivisions of Darjeeling district are scary. Signed by the shadowy Gorkha Liberation Army, they vow to bring in sophisticated arms to wage a war to achieve Gorkhaland. And though members of the Gorkha Jan Jagaran Morcha, the mass-based organisation that has revived the separate Gorkha state demand, tore those posters, some seniors in the party seem to indicate that they would follow the path of Netaji Subhash Chandra Bose and set up an army abroad to fight it out against the tyranny of CPI (M). For over a week, clashes have started between the GJMM cadre and those of the CPI (M)-propped anti-Gorkhaland organisations, Akhil Bharatiya Adivasi Vikas Parishad (ABAVP) of Siliguri and Janajagaran of Duars area of North Bengal's tea belt. The clashes started when lathi and iron rod-wielding ABAVP cadres put up several road blockades to prevent GJMM from holding a rally – for which GJMM had police permission – and attacked them when they broke through the first cordon. The police initially remained mute spectators but sprung into action when GJMM activists retaliated with flag-sticks and khukris. In the police lathi-charge that followed, over 200, including 25 policemen, were injured. One Rajesh Mahato was later admitted to hospital, apparently with bullet injury. The next day, GJMM retaliated against ABAVP’s “continuous Duars Bandh” with its “Hills Bandh”.....Continue 6 février Revisiting the ghosts of SatyamWhen you think about Microsoft, you also think about Paul Allen and Steve Ballmer apart from Bill Gates. At Satyam, it has always been Ramalinga Raju. You are the co-founder  of the company and still not in the limelight. Is it a deliberate step?Right from the beginning, I have been focusing on operational business because, all said and done, every activity is time consuming and besides that we need to share the responsibilities and get focused on things that need to be done. Will this continue? The organisation is growing very rapidly and leadership and responsibilities are also growing. We are trying to make sure that the responsibilities are shared and distributed well, so depending on the future requirements there could always be room for me to look at some of the things that I haven’t done in the past. How has Satyam’s role in the last three years changed? We want to be recognised as one of the top system integrators in the world. When I say that, it is not only in terms of the revenue but also recall. And if I have to look back at the past, IT industry in India itself started with low-end services and moved up the value chain. Y2K has been a good opportunity for Indian IT industry, wherein most of the companies established good long term relationships with the customers and, in the process, could give them this confidence that the Indian companies can add a lot of value, as the big five companies in India are currently doing. So, in a way, the Indian IT industry has started moving up the value chain, and if you look at the top five big companies, I would say they have started moving down the value chain and that’s why you too must have noticed the presence of big five companies has been going down. Companies like Accenture and IBM have been more aggressive. Our experience clearly shows that confidence of customers in a company like Satyam has been very good. We are working with about 180 of the Fortune 500 and global companies. We always believed in long term relationships and I think that’s what led to the growth and created a difference. We started focusing on some of the strengths like enterprise solutions, which is one area that almost accounts for 45 per cent of our revenue. In SAP and Oracle, we could establish our leadership position in India. Apart from this, in engineering services also we have leadership position and infrastructure is another area we are heavily focusing on. ....Continue 6 janvier A farewell to US armsThe Iraqi Parliament voted by  an overpowering majority to end US military control of their nation – a critical defining moment in the present conflict. The security accord, the result of drawn out and venomous discussions, requires US armed forces to leave Iraqi cities, towns and villages by June 30, 2009. And these forces must pull out from all Iraqi territory by December 31, 2011. Until then, US forces will come under Iraqi regulation for the first time. Presently, the US armed forces can act as per their wish. From now onwards, they will have to check with Iraqi officials before each action and acquire Iraqi arrest warrants. The Status of Forces Agreement, as it is known on the record, marks an important landmark in the Iraq conflict. When the US started discussing the agreement, which substitutes the UN authorisation for the occupation that will expire at the end of this year, Washington sought to make its military presence undefined. But the Iraqi administration, taking an all time patriotic approach, insisted and got hold of an unrestricted schedule for the pulling out of US troops. ....Continue 29 décembre A poet in rage, Javed Akhtar seethes at the apathy meted out to his city. Here in conversation with Neha Sarin…What has happened was a kind of a collective nightmare. We have been let down by the establishment, by our political system and there is no point in blaming one particular party. In the last 15 years we have seen,  such incidents have taken place in different nooks and corners of India. India today is the worst sufferer of terrorism in the world. Few years back there was another party and after that there was another party and we have seen every party in power and each and every party is responsible for this. Even if one of them had handled it right, we would have seen the difference, but the fact is that each and every one of them has faltered with his or her duty, so the time has come that we mumbaikars have civil society rules. We are tired of slogans and punch lines and emotional and literary and flowery speeches – we want action and by action we mean, we as a state should upgrade our intelligence system and our security system. Our intelligence system is a big joke, a joke at the cost of the lives of innocent Indians.Every third day, you pick up a newspaper and you see that intelligence services have informed about a likely terrorist attack at Goa’s New Year Eve function or a group of terrorists have entered the Kumbh Mela or intelligence services have come to know that terrorists have decided to enter a one-day cricket match at Guwahati… it sounds like an information bureau rather than an intelligence bureau. 99.9 per cent of such news is unreliable …in fact 100 per cent of it is unreliable. Thus their credibility becomes zero. Intelligence services of this country have to be improved, made more competent and it has to be smartened up through the rank and file of the institution. Similarly, with the security system. I mean, it’s probably understandable if some people land with such inordinate amounts of arms and ammunition in some deserted area, or a godforsaken beach, but right in the midst of a city?! And the marine security guards don’t get to know about it – now that’s not acceptable at all. Our security, our intelligence, our police have to be trained and made better. There has to be some sort of reform; the police has become some kind of a vehicle for politicians to use at their whim and will. There have been recommendations of police reforms by various commissions but they have not been implemented. It should be given better equipments, better training and above all, a free hand. ....Continue 3 décembre Just as Atal Behari Vajpayee was the BJP''s face to come to power at the Centre, Raman Singh is the face that the party sees as retaining power in Chhattisgarh.Various issues are dogging his public image. Singh, however, says he is all set to return for a second term, in an interview with TSI''s Anil Dwivedi
Where do you see Congress in this contest? It is sad that a party that had been in power for so long is stealing the programmes launched by us,  like the low-cost rice distribution system. It is we who had started the project of distributing rice at Rs three a kilo to below the poverty line recipients. And now the Congress says it would give rice at Rs two a kilo if it comes to power. The skyrocketing price hike presided over by the Centre has broken the back of the people. Communal passion and terror strikes are pan-Indian problems now, but the Congress is unable to rein them in. However, this does not mean we become complacent about a win. There are allegations of serious embezzlement and corruption against some top ministers in the state. These are all baseless, politically motivated allegations. Those who have evidence can bring them to me. I shall have them investigated. The Congress has not been able to pin down the government on any issue in these five years. What do you think is the mood of the public… have you gauged it? Having toured across the state, I see the people wanting the BJP for a second term. There is no discontent in any section of the people. From pauper to rich men, everyone has appreciated the developmental work of our government. In fact, farmers are overjoyed that in addition to the Central government purchasing rice at support prices, we at the state government level too have purchased rice from them. That is the difference between Congress and BJP: we purchase rice, they buy up MLAs. What has been the highest achievement during your tenure? I sleep well now because no one in my state sleeps hungry. We have sold rice to 36 lakh families at just Rs three a kilo. Also, the people trust this government additionally because of our projects like salt at 0.50 paise per kilo and total electrification. If you are given a second shot, what would be your priorities? Top of the agenda is to finish off naxalism in Bastar area. The other most crucial areas would be relief for drought areas and higher amount of rice purchase.....Continue 22 octobre Acid test for Patnaik Jr.It’s time for Naveen Patnaik to prove his ability as a mentor When Naveen Patnaik entered  Orissa politics a decade ago, leaving a rosy career as a writer, analysts discarded him as a person without any political experience. They also predicted that he would be a lame duck controlled by others. But he proved everybody wrong and became the Orissa CM twice, and that too consecutively. He also proved his mettle by kicking out 10 of his key ministers when they were charged with corruption. However, as the state goes for another round of assembly elections next year the question that emerges is, has Naveen proved himself as a good administrator? Does he have the true characteristics to lead the state to new heights? Will he be able to give a bright future to a poor state like Orissa?....Continue Source : IIPM Editorial, 2008 An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist). Read also :-
15 octobre To hell with Internet privacy!Viacom has finally scored over Google in its copyright legal tussle. However, it’s not all over for the Mountain View giant! It started way back in March 2007,  when Viacom first sued Google for $1 billion for copyright infringement on YouTube, which Google had purchased for $1.65 billion on October 9, 2006. In retaliation, Google went on to protest by mentioning in an official document (filed on April 30, 2007 in a US District Court in New York) that, “By seeking to make carriers and hosting providers liable for Internet communications, Viacom’s complaint threatens the way hundreds of millions of people legitimately exchange information, news, entertainment, and political and artistic expression.” Viacom claimed a month later that more than 150,000 unauthorised clips had been viewed over 1.5 billion times on YouTube! That was during last year when Google denied Viacom the rights to information as far as its YouTube contents were concerned and that being user-controlled, Google was not liable to any copyright infringement act. Even law took Google’s side when a Manhattan district judge gave a ruling in its favour. But that was a year back.....ContinueSource : IIPM Editorial, 2008 An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist). Read also :-
7 octobre Real home prices still have a long way to decline!And it is unlikely that it will start to increase in real terms any time soon The real (inflation adjusted) Southern Californian (SC) median home prices declined in the 1990s by 34% from their 1989 – 1990 peak. And since the last bubble  – created by the FED between 2001 and 2007 – was much larger than the late 1980s bubble, and real median Southern Californian homes could easily decline by approximately 60% over the next few years. I concede that the SC housing market became more inflated than other US housing markets. But even so, it is unlikely that the nationwide US median home prices will start to increase in real terms any time soon. This will keep the consumer’s willingness and ability to borrow down and thus constrain his ability to spend. Now, someone could argue that consumer spending will increase because of rising stocks, wages and employment gains. But that is not very likely to happen for several reasons. For one it would appear that unemployment is likely to increase. The weekly initial unemployment claims have already bottomed out and are now in a clear uptrend. Also, whereas it is possible for nominal wages to increase, in real terms wages and salaries are unlikely to rise. Soaring energy and food prices and rapidly increasing insurance premiums are likely to offset any future wages and salary gains. Of course, the goldilocks crowd will argue that energy and food prices will shortly decline sharply from their lofty levels and improve the consumer’s ability to spend on discretionary items rather than to force him to use a larger portion of his income on nondiscretionary expenditures such as health care, food and energy. While this is a possibility we still need to think carefully about what would bring about a sharp decline in food and energy prices..........ContinueSource : IIPM Editorial, 2008 An Initiative of IIPM, Malay Chaudhuri and Arindam chaudhuri (Renowned Management Guru and Economist). Read also :-
13 mai Diamonds no longer a women’s best friendWith more and more women on the streets, Not just this, even car manufacturers are seeing a rise in the women customers. Hyundai Motors India Ltd has announced special loan schemes to lure the women. ‘Santro’ and ‘Getz’ are being portrayed as women friendly cars. Harley Davidson, long a symbol of male pride launched a web site dedicated to women motorcyclists. They figured out that 10% of all the Harleys sold in 2003 were bought by women, as compared to just 2% in 1985. Back in India too, the two wheeler marketing segment is seeing a lot of action. Hero Honda has launched its ungeared scooter targeting the young women. Not just this, they have even launched a retail initiative called “Just for Her”. These women- only showrooms would be used to distribute its scooter “Pleasure”. TVS has come out with accessories specially designed for the female rider and even an exclusive website Scootygals. com to sell this new accessory range. For bike manufacturers, the real growth lies in targeting the female users. Women are a rapidly growing consumer force. If you are not including them in your marketing plan, you are putting your business at a disadvantage. When Home Depot (one of the largest retail chains of US) realized that most of the people who purchased a home in 2003 were women, they immediately included them in their business plans. Home Depot now regularly organizes classes targeted to women where they learn to use power tools, lay laminate floors and paint their own houses! Ipod decided it was time to time to introduce iboxes for women too! Bharti Cellular has now a “Ladies Special Plan” which allows them to receive special beauty and lifestyle tips & also gives them special discounts on subscriptions of magazines like Cosmopolitan and Good Housekeeping, among others. For complete IIPM article click here Source:- IIPM Editorial, 2008 An IIPM and Management Guru Prof.Arindam Chaudhuri's Initiative IIPM | Arindam Chaudhuri | 4Ps Business & Marketing | Business & Economy | Kkoooljobs | Planman Media | Planman Consulting | Planman Marcom | Planman Technologies | Planman Financial | Planman Motion Pictures | GIDF | The Daily Indian | IIPM Think Tank | The Sunday Indian 1 mai Who’s scared of heights?Kiran CHHABRIA... has made sure that she doesn’t get lost in the crowd of ‘family’ achievers! When you come from Today, this young lady plays a crucial role on the board of Jumbo Electronics, which apart from Sony, has an impressive list of brands in its portfolio such as Nokia, HP, Acer et al. Talking about her company, she exclaimed, “As an expatriate business, headquartered in one of the most dynamic market economies of the world, we have enjoyed the cost and market advantages offered by Dubai’s excellent investment climate.” And so to say, Kiran too has come a long long way and is widely respected in the UAE today. With a degree in communications from Boston University, Kiran has taken her company to new heights, ensuring she didn’t get blinded with her personal success or get lost in the shadow of her sister Komal Wazir who is more prominent in Indian business circles. Here’s a toast to a lady who’s scaled ‘Jumbo’ heights without getting dizzy! Read More :- B&E,4ps & IIPM Publication IIPM | Arindam Chaudhuri | 4Ps Business & Marketing | Business & Economy | Kkoooljobs | Planman Media | Planman Consulting | Planman Marcom | Planman Technologies | Planman Financial | Planman Motion Pictures | GIDF | The Daily Indian | IIPM Think Tank | The Sunday Indian 11 avril Glamour of mediaAnd that perhaps is another reason fanning the excitement of the new entrants. There’s tremendous scope to innovate, give the viewers something different and race ahead in terms of TRPs and ad revenues. If upcoming GECs keep their ear to the ground, break away from traditional moulds, and deliver to a sharper audience; attracting a larger share of the ad pie is guaranteed. “From the agency perspective, the sharper audience you deliver to me, the better results it will get. Why should I pay for the extra audience that I don’t want to reach. The issue is not how large an audience you deliver to me, but how sharp an audience you deliver,” says another media planner. From this perspective, UTV-Astro’s Bindass seems to be on track, even as it focuses on the youth as a target audience. GECs targeted at niche audiences do seem to be emerging as the new mantra. In contrast, industry buzz says that NDTV’s GEC may have more of the same Ekta Kapoor stuff in its kitty (Karan Johar is a big ‘K-fan’); so the light at the end of the tunnel looks dimmer for Roy & company. But, maybe we are being presumptuous and NDTV’s GEC will pull out a winner from its magical hat. After all, they are a lethal combination, with Johar’s sense of (family?) drama, Sameer Nair’s proven track record (he was the one who convinced Big B to host KBC) and Prannoy Roy’s vision. Be that as it may, the coming months are set to witness a lot of pluck and pugnacity on the idiot box. Already both, the new kids on the block and the veterans have begun to pull up their socks to slug it out in the GEC combat zone. Star will be no pushover and having already lost to Star (and each other too at various points) Zee and Sony too will not give up without a fight. And while earlier instances of off-screen face-offs were few and far between; marketers and viewers can expect more on-screen and off-screen skirmishes unfold before their eyes now. Game, all ye couch potatoes? Read More :-
IIPM | Arindam Chaudhuri | 4Ps Business & Marketing | Business & Economy | Kkoooljobs | Planman Media | Planman Consulting | Planman Marcom | Planman Technologies | Planman Financial | Planman Motion Pictures | GIDF | The Daily Indian | IIPM Think Tank | The Sunday Indian 27 mars Marketing in India could create brands like Hanuman or Krrish, which would live-on for generationsCompare the promotional
And if you think that comparisons with Hollywood 3 mars In the company of mischiefTwo brats named mischief and disobedience go back a long way. Both invite scowls, both meet with general disapproval and both are synonymous with trouble. But more importantly, they are secretly admired with side glances and subdued smirks. Such is the streak with the wild side. Be it a scrawny, bespectacled boy wizard with a
The most glaring example around of the rebellious spirit is, without doubt, Harry Potter. From the time He Who Must Not Be Named was reduced to a bodiless soul to the occasions he stood up to the bullies of Slytherin, all that he reflected was the nature to go against the tide. Skirmishing with his muggle relatives and wandering about the forbidden forest is second nature to the most sensational student in Hogwart’s recent history. Like his rather prodigious classmate Hermione Granger says, “Who cares? It’s kind of exciting, isn’t it? Breaking the rules!” And this element called defiance is all too-well reflected in the new found prodigy of the 350km/h world-Lewis Hamilton. All of Twenty-Two years of age, Lewis Carl Hamilton started racing go-carts at the age of eight. A year later, at an awards ceremony, he approached the McLaren F1 top gun, Ron Dennis and waved at him. When Ron looked down he saw a tiny hair-ball and smiled back warmly. But Lewis wasn’t there for an autograph. He was there to carve the future. He told Ron that he would one day race for McLaren. To which, Ron chuckled heartily and said, “Some day”. But that day sped to reality like a Formula 1 speedster going all out for the chequered flag after the final turn. Hamilton joined the crème de la crème of the F1 family with McLaren in 2007 and became the first rookie driver in the history of the sport to lead the world championship. Phew! 14 février There was a time when the Soviet Union could boast of being fearful... a fearful superpower!The latest Russian his- trionics have little to do with US plans for a missile defense in 29 janvier Enzymes for growth? Bah!!!Enzymes, those wonderful catalysts that ‘speed up chemical reactions in living organisms.’
Recently, Biocon Ltd. announced its decision to hive off its enzymes business to a Danish company Novozymes for $115 million. Chairperson Kiran Mazumdar Shaw elaborated on the rationale by stating that the way ahead was to “focus on unleashing the full potential of our bio-pharma businesses.” At a time when the US plans to open up its market for bio-generics to foreign competition, the decision, no doubt, seems to be of critical importance for Biocon. The enzymes business contributed about 12% of Biocon’s total revenues last fiscal. If the company really wanted to leverage the enzymes platform, huge investments would have been mandatory. 4 janvier Viacom Google lock hornsThe Australian government filed a lawsuit against the company, claiming that Google promotes misleading business practices, via its alluring ‘pay-per-click’ system of advertising. In Thailand, YouTube was momentarily 29 décembre More to come!Malvinder Singh, MD & CEO, Ranbaxy Laboratories, prophesises, “India will surely witness the rise of a few pharma giants, who will make it globally in the coming years...” With its continuously growing reputation the world 17 décembre We are rich, we are the world!Do the 'Big Three', i.e. the political heavyweights and the next generation leaders of UK (PM-designate Gordon Brown), Germany (Chancellor Angela Merkel)
Poland has threatened to veto the new voting system in EU, that would make the passage of laws based on "double majority'' voting system, which would entail at least 56 % of the nations representing at least 69 % of the population of EU. Poland wants a voting system based on “the square root of each country's population.” For example, 38.5 million strong Poland, will be entitled to six votes and Germany, with a population of 82.4 million, would get nine votes under the Polish proposal. But the big-boys at EU won't relent. 7 décembre Fuelling AmbitionsAt present, virtually everything about the Indian
The government’s attitude towards any new generation industry, which was hitherto an exclusive monopoly of the government, has been to typically favour the incumbent government entity at the cost of the more efficient private counterparts. We have observed this occurring in the telecom sector, where the private players were initially held back to prevent BSNL from going in the red. Similarly, the government is desperately attempting to save its two decaying entities, namely Indian & Air India, by merging them and granting tax exemptions, which are unavailable for private sector. 30 novembre HLL ‘Lever’ages the power of HindustanIn tune with its global identity, FMCG giant Hindustan Lever Ltd. (HLL)
After much deliberation, the name Hindustan was retained in the new name, keeping in mind that India plays a vital role in Unilever’s scheme of things. Hindustan 15 novembre Thailand taks to B&E...Thailand has built a vibrant economy since 1997. Inflation targeting now underpins monetary policy, while providing flexibility to support economic growth  & fiscal policy in absence of price pressure. The managed fl oat exchange rate regime has cushioned volatile global capital movements & allowed exports to grow robustly. Our international reserves now stand at USD 71 billion, almost 4 times the country’s short-term debt. Though we cannot discount a future the strengthened foundations for effective decision-making & risk management in both public & private sectors have greatly enhanced economy’s resilience, aided by new data including household debt, housing prices, the credit bureau. Importantly, there is much greater risk awareness in the private sector, thus reducing risks of over-investment. The banking system is strong, with BIS ratio of 14.9% at end-April 2007 & return on asset of 1.3% at end-March 2007, & NPL falling. Qualitative improvements have resulted from much tighter board of director oversight & accountability, as required by the Bank of Thailand. Stress testing for macroeconomic & financial system stability provides for pre-emptive macro & prudential measures in line with improved governance and international best practices.
B&E,4ps & IIPM Publication IIPM, Business College Ranking India| BBA Institute India, IIPM| IIPM - Nikhil Khade Online| Welcome to 4Ps Business and Marketing| The IIPM Think Tank| IIPM New Delhi India| Professor Arindam Chaudhuri, Renowned Management Guru & Economist| IIPM Info| Planning and Entrepreneurship Programme, IIPM New Delhi, India| Business And Economy| IIPM Placements New Delhi, India| IIPM Business Management Institute India| 14 novembre Founder of The Incubation CorporationHaving completed his primary education at the St. Lawrence’s boarding school (Sanawar) in Shimla, Jeh enrolled for his Master’s into University of Warwick, London. Apart from trying his hand at myriad businesses & leading a life on a fast lane, Jeh Wadia is actually extremely process driven in his work life. While divulging his leadership style, he explicates, “I am very process driven & I drive my people by laying out the vision, & most of the time, they come up with their own strategies to achieve goals. I comment on the implementation & I give my opinion, but mainly leave the implementation plan to professionals.” B&E,4ps & IIPM Publication 6 novembre Freedom in Hong Kong will have a cascading effect on mainlandIt will probably be a long time before Beijing allows full democracy in Hong Kong. Nevertheless, it is not all One only hopes that mainland China learns the virtues of freedom and democracy from this tiny nation & introduces genuine democracy at home as well. |
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