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Hong Kong's residents after 1997, pension

arrangements for its civil service and so on.

I said in a

Confidence in the future should certainly not

be mistaken for complacency.

speech in Hong Kong in May that no society on

earth can look forward with absolute

confidence to the years ahead and say "Nothing

can go wrong". Hong Kong has its special

problems of course.

Emigration is one, as I

said in the House. Here again Monckton

displayed his slender grasp of the detail when

he spoke of an outflow of 100,000 a year. The

figure in 1987 was 27,000, more than 1986 but

less than the annual figure in the early

seventies.

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