UNCLASSIFIED
177021 MDLIAN 5383
NCNA ISSUED A COMMENTARY CLAIMING THE PROBLEMS CREATED BY THE BRITISH GOVERNMENT IN HONG KONG WAS NOT AN ISOLATED INCIDENT BUT WAS PART OF A CONSPIRACY BY WESTERN COUNTRIES WHICH DID NOT WISH TO SEE THE EMERGENCE OF A STRONG CHINA.
HONG KONG TIMES
26.
THE PAPERS NOTED (17.2) THE HONG KONG TIMES, A KMT-RUN PAPER, SOLD WELL ON ITS LAST DAY OF PUBLICATION. SOME PAPERS QUOTED A CNA DESPATCH IN WHICH TAIWAN'S UNOFFICIAL MEDIA REPRESENTATIVE IN HONG KONG, SUSIE CHIANG, SAID ALTHOUGH THE HONG KONG TIMES HAD STOPPED PUBLICATION, OTHER TAIWAN ORGANISATIONS WOULD REMAIN IN HONG KONG.
AIRPORT
27. WEN WEI PO NOTED (17.2) THE HKG HAD SOUGHT FUNDS AND AWARDED CONTRACTS AMOUNTING TO DOLLARS 19.8 BN FOR AIRPORT- RELATED PROJECTS IN THE LAST 4 MONTHS. THE FIGURE WAS HIGHER THAN THE TOTAL COST OF AIRPORT CONTRACTS AWARDED IN THE 2 YEARS BEFORE THAT. THE ARTICLE ALLEGED THE HKG HAD CHANGED FROM THE POLICY OF NOT STARTING WORK UNTIL AN OVERALL AGREEMENT ON FINANCIAL ARRANGEMENTS WAS REACHED TO BUILDING THE AIRPORT STEP BY STEP. THIS SHOWED THE GOVERNMENT HAD NO SINCERITY IN CO-OPERATING WITH CHINA ON THIS ISSUE.
DENG XIAOPING
28. THE PAPERS (12.2) CARRIED A SHORT RELEASE ISSUED BY NCNA SAYING THE AGENCY'S CORRESPONDENT LEARNED FROM RELIABLE SOURCES THAT THE CONDITION OF DENG'S HEALTH WAS GOOD AND THAT RECENT RUMOURS ABOUT DENG'S HEALTH WERE SHEER FABRICATION BY THOSE WITH ULTERIOR MOTIVES.
HONG KONG-CHINA CONSORTIUM
29.
REPORTS NOTED (17.2) A CONSORTIUM OF MAJOR HONG KONG, CHINA AND SINGAPORE INVESTORS, INCLUDING THE HKMAO, WAS FORMED TO TAP THE HUGE GROWTH POTENTIAL OF ASIA AND CHINA. BASED IN HONG KONG, THE NEW CHINA-HONG KONG GROUP, WITH AN INITIAL PAID-UP CAPITAL OF HONG KONG DOLLARS 400 MILLION, WOULD BE INVOLVED IN CHINA TRADE, INVESTMENT IN INDUSTRY, INFRASTRUCTURE, TELECOMMUNICATIONS AND PROPERTY, AND PROVIDE MERCHANT BANKING SERVICES. 30 PROMINENT HONG KONG INVESTORS OWNED 55 PERCENT, 13 CHINESE ENTERPRISES 32.5
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