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Linda Tjia Yin-nor (謝燕娜) is an Assistant Professor at the Department of Asian and International Studies, City University of Hong Kong. Her research interests range from China’s railway and logistics development to the political economy of China’s overseas infrastructural and industrial projects. She has received numerous regional and international research grants to investigate China’s involvements in Kazakhstan, the high-speed rail development in China and Japan, as well as the agri-product development in Mongolia and Kazakhstan. Her articles appear in China Journal, Asian Survey, Journal of Transport History, and Journal of Social Entrepreneurship. She is also the author of the monograph Explaining Railway Reform in China: A Train of Property Rights Rearrangements, as well as of a few book chapters published by Routledge and Edward Elgar.
Asset-backed securitization will greatly promote the sustainability of infrastructure construction and financing. However, there are quite limited researches conducted in this field. Given the project characteristics of infrastructure project securities, this paper proposes the issuance steps of redeemable asset-backed notes (ABN) based on the infrastructure project’s usufruct as the basic asset. Taking the expressway franchise as an example, the issuing scale and coupon rate of the redeemable ABN are determined by the expected cash flow of the expressway, the term structure of random interest rates, and the option-adjusted spread (OAS). In addition, this research analyzes the duration, convexity, and OAS.
Qiming Zhang; Linda Yin-Nor Tjia; Biyue Wang; Aksel Ersoy. Sustainable Construction and Financing—Asset-Backed Securitization of Expressway’s Usufruct with Redeemable Rights. Sustainability 2021, 13, 9113 .
AMA StyleQiming Zhang, Linda Yin-Nor Tjia, Biyue Wang, Aksel Ersoy. Sustainable Construction and Financing—Asset-Backed Securitization of Expressway’s Usufruct with Redeemable Rights. Sustainability. 2021; 13 (16):9113.
Chicago/Turabian StyleQiming Zhang; Linda Yin-Nor Tjia; Biyue Wang; Aksel Ersoy. 2021. "Sustainable Construction and Financing—Asset-Backed Securitization of Expressway’s Usufruct with Redeemable Rights." Sustainability 13, no. 16: 9113.
Chapter 6 takes a closer look at the case of Choy Yuen Village in Hong Kong. The forced eviction of the old Choy Yuen Village, a small village that gave way to the construction of the Express Rail Link in Hong Kong, has been widely studied in the past ten years. Most of the literature focused on the strategy and trajectory of the social movement, investigating how collective efforts failed to stop the demolishment of the village, but successfully helped the villagers resettle, brought forward an alternative agricultural-led development and sustained a community based on civic engagement. Such empowering discourse, however, has missed out an equally critical discourse of marginalization and irreversibility, in which 47 non-indigenous households had settled in the new Choy Yuen Village with sorrow and much emotion.
Yin Nor Tjia. Surviving the collective subjectivity of Choy Yuen Village. Living in the Margins in Mainland China, Hong Kong and India 2020, 126 -150.
AMA StyleYin Nor Tjia. Surviving the collective subjectivity of Choy Yuen Village. Living in the Margins in Mainland China, Hong Kong and India. 2020; ():126-150.
Chicago/Turabian StyleYin Nor Tjia. 2020. "Surviving the collective subjectivity of Choy Yuen Village." Living in the Margins in Mainland China, Hong Kong and India , no. : 126-150.
The Belt and Road Initiative (BRI) has been widely criticized as a purely strategic project to enhance China’s international influence. Focusing on an ongoing yet underresearched signature BRI project, the China-Europe freight train routes, this article challenges such a sweeping characterization, which has masked the complexities of the reality. The freight initiative arose from local-level actors in multiple sites as a cost-effective means to make use of preexisting rail tracks across Asia to enhance transport efficiency. Their efforts later metamorphosed into what today looks like a grand unified project, politicized by the national government and subsidized by competing provincial capitals. The article provides an explanation for the complex consequences of the freight train project’s politicization.
Yin Nor Tjia. The Unintended Consequences of Politicization of the Belt and Road’s China-Europe Freight Train Initiative. The China Journal 2020, 83, 58 -78.
AMA StyleYin Nor Tjia. The Unintended Consequences of Politicization of the Belt and Road’s China-Europe Freight Train Initiative. The China Journal. 2020; 83 ():58-78.
Chicago/Turabian StyleYin Nor Tjia. 2020. "The Unintended Consequences of Politicization of the Belt and Road’s China-Europe Freight Train Initiative." The China Journal 83, no. : 58-78.
Linda Yin-Nor Tjia. Swinging between centralisation and decentralisation: China Railway Express Service and its process of assets discovery and recovery. The Journal of Transport History 2019, 40, 341 -362.
AMA StyleLinda Yin-Nor Tjia. Swinging between centralisation and decentralisation: China Railway Express Service and its process of assets discovery and recovery. The Journal of Transport History. 2019; 40 (3):341-362.
Chicago/Turabian StyleLinda Yin-Nor Tjia. 2019. "Swinging between centralisation and decentralisation: China Railway Express Service and its process of assets discovery and recovery." The Journal of Transport History 40, no. 3: 341-362.
In 2017, there are over six hundreds social enterprises in Hong Kong. Among them, approximately 70% are work integration social enterprises (WISEs) primarily aiming at creating employment and/or providing vocational training for the disadvantaged groups. Impact assessment of these WISEs is a growing concern in the society. In this article, the authors review major types of impact assessment approaches and three categories are delineated – outcome-based, structured-based and process-based approaches. Through the application of one particular outcome-based approach, Social Return on Investment (SROI), onto four invited local WISEs, the social impacts induced by selected WISEs and their significances are discussed.
Zeno C. S. Leung; Amy P. Y. Ho; Yin Nor Tjia; Raymond K. Y. Tam; K. T. Chan; Michael K.W. Lai. Social Impacts of Work Integration Social Enterprise in Hong Kong – Workfare and Beyond. Journal of Social Entrepreneurship 2019, 10, 159 -176.
AMA StyleZeno C. S. Leung, Amy P. Y. Ho, Yin Nor Tjia, Raymond K. Y. Tam, K. T. Chan, Michael K.W. Lai. Social Impacts of Work Integration Social Enterprise in Hong Kong – Workfare and Beyond. Journal of Social Entrepreneurship. 2019; 10 (2):159-176.
Chicago/Turabian StyleZeno C. S. Leung; Amy P. Y. Ho; Yin Nor Tjia; Raymond K. Y. Tam; K. T. Chan; Michael K.W. Lai. 2019. "Social Impacts of Work Integration Social Enterprise in Hong Kong – Workfare and Beyond." Journal of Social Entrepreneurship 10, no. 2: 159-176.
This chapter focuses on two groups of gangpiao and beipiao, who crossed the Hong Kong (HK)–China border. It provides preliminary findings of the drifting experiences of Beijingers in HK and Hong Kongers in Beijing. The chapter examines the contrasting treatments that the two groups received in the two cities. It examines how informants perceive and survive their migration experiences. The chapter explains that Hong Kongers generally enjoyed their perceived superiority and cultural adventures in Beijing, while mainland drifters survived different challenges with a more sophisticated vision of self-development or an eventual determination to integrate and settle down. The proliferation of the gangpiao phenomenon began in 1998 when Chief Executive Tung Chee-hwa, for the first time, announced that the HK government wanted to reserve 150 places for outstanding Chinese students from the mainland to study in HK. On the contrary, gangpiao in general have felt the great distance between them and local people.
Yin Nor Tjia; Wing-Chung Ho. Beipiao and gangpiao. New Chinese Migrations 2017, 144 -155.
AMA StyleYin Nor Tjia, Wing-Chung Ho. Beipiao and gangpiao. New Chinese Migrations. 2017; ():144-155.
Chicago/Turabian StyleYin Nor Tjia; Wing-Chung Ho. 2017. "Beipiao and gangpiao." New Chinese Migrations , no. : 144-155.