Victor Fung , a Hong Kong tycoon who is chairman of one of the world 's largest garment companies and heads the territory 's airport authority , said , '' They recognize the need to go away from a peg and move toward a basket . ''
Victor Fung /people/person/place_lived Hong Kong
NNP NNP , DT NNP NNP NN WP VBZ NN IN CD IN DT NN POS JJS NN NNS CC VBZ DT NN POS NN NN , VBD , '' PRP VBP DT NN TO VB RB IN DT VB CC VB IN DT NN . ''
Victor Fung
PERSON
Hong Kong
LOCATION
/people/person/place_lived