Honourable Members of the Legislative Council,
(1)
INTRODUCTION
Since I last addressed the Council at the
beginning of a new session, we have been through difficult
times together. We have all been forcefully reminded how
vulnerable Hong Kong is to developments which occur outside
our borders over which we have no control.
2.
In May and June, confidence in Hong Kong was badly
shaken by the tragic events in China. People became more
nervous about their future. Investors have shown signs of
being more cautious in assessing the territory's prospects.
So We have a new challenge to meet and new problems to
overcome. But this is not the first crisis that Hong Kong
had to confront. When we have faced difficulties in the
past we have emerged with new confidence and strength.
Already there are ample signs that Hong Kong is showing its
usual
resilience; that we are facing up to our problems and
has
finding solutions to them.
SØ'd ΕΣ
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