There was a time not long ago when the prevailing wisdom said going through Hong Kong was the best way to enter the Chinese market. Hong Kong, although geographically a part of China, is a modern, developed international city-state, a Special Administrative Region of China whose business people speak English, understand Western laws, processes and customs, and can act as an interpreter for any Western organization that wants to work in mainland China. Photo: Claudiozacc-Fotolia.com DOHERTY In addition, currency transfer from China’s renminbi (formally called yuan) into Hong Kong dollars is easier than any other foreign-currency exchange. The obvious decision
Arch dams, classically curved monoliths situated in narrow valleys, are not as common as other types of dams, such as embankment dams and gravity dams. ENR takes a look at some of the biggest arch dams in the world, both completed and under construction.