Thsi article uses a computational general equilibrium model to evaluate the effects of the FTA of 2004 on the Hong Kong and Chinese economies. The results indicate that Hong Kong improves its exports to China and gains in welfare at China's expense. (Chin Econ/NIAS-Han)

Founded in 1987 as a sales agent of PBX (private branch exchange), Huawei has become one of the world's leaders in the ICT Industry. It initially had little technological and management knowledge, but competed with the incumbents including Sino-foreign joint ventures (JVs), state-owned firms,...