[ETIAQO]

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PERSONALITY NOTE

SIR YUE-KONG PAO CBE LLD JP

Chairman and Chief Executive of the World Wide Shipping

Group. In Hong Kong his interests are in property, finance, banking and civil aviation. Born 1918 Zhejiang Province,

China.

Educated Shanghai and then went into banking.

business.

Took refuge in Hong Kong in 1949 and entered import/export

Purchased first ship in 1955 and formed

formed World

Wide Shipping Group, now the world's largest independent.

A director of Hong Kong and Shanghai Banking Corporation.

Chairman of Intertanko. Chairman of Wheelock Marden G

Member of Basic Law Drafting Committee.

Major shareholder in Dragonair.

Has a joint venture with the Chinese in ship-building and

shipping.

access to Chinese

Sir Y K Pao visits Peking regularly. He has excellent

connections and enjoys considerable

leaders. On each of his last two visits

April 1986 - he has called on Deng Xiaoping.

-

November 1985 and

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