THURSDAY, JUNE 25, 1987
15
"PERHAPS MORE FUNDAMENTAL, IT MUST BE LIKELY THAT, PRESIDENT IN 1989, WE SHALL THEN SEE INCREASED EFFORTS BUDGET AND TRADE DEFICITS.
WHOEVER ΤΟ CUT
IS
THE
AND
"BUT EVEN IF JAPAN AND GERMANY GINGER UP THEIR ECONOMIES IMPORT MORE, THERE IS NO WAY THE REST OF THE WORLD CAN ABSORB ALL THE U.S.$179 BILLION WHICH THE U.S. IRRENTLY CONSUMES VIA THE TRADE DEFICIT.
"IT IS THEREFORE IMPORTANT THAT CURRENT U.S. EFFORTS TO INCREASE COMPETITIVENESS AND THEREFORE EXPORTS ARE SUCCESSFUL, AND THAT CRUDE OR SUDDEN SOLUTIONS TO THE PROBLEM ARE RESISTED, HE SAID.
14
TURNING TO THE TOPIC OF ASSISTANCE FOR INDUSTRY, MR MACLEOD SAID THE BASIC APPROACH WAS ΤΟ STUDY IN DEPTH A PARTICULAR KEY INDUSTRY, IDENTIFY ITS WEAKNESSES, AND THEN TO TAKE ACTION WHERE IT WAS FEASIBLE TO REMEDY THOSE WEAKNESSES, IF THEY WERE OF A TYPE WHICH COULD BE DEALT WITH BY GOVERNMENT OR SUBVENTED BODIES INFRASTRUCTURE, TRAINING, CONSULTANCY SERVICES AND THE LIKE.
"THIS APPROACH, GUIDED BY THE INDUSTRY DEVELOPMENT BOARD, IS I THINK THE BEST WAY TO ENSURE WE TAKE ACTIONS WHICH ARE THOROUGHLY DISCUSSED WITH INDUSTRY EXPERTS AND MEET REAL NEEDS,
1986 SHIPPING STATISTICS RELEASED
*
IN 1986, 13,760 SHIPS WITH A TOTAL CAPACITY
NRT (NET REGISTERED
ARRIVED
INCREASE OF 684 (OR 5 PER CENT)
CAPACITY OVER 1985, ACCORDING TO THE "HONG
REPORT" FOR
PUBLISHED
DRAVA DERMA
MILLION
KONG,
REPRESENTING
AN
IN
SHIPPING
STATISTICS
(THURSDAY }
STATISTICS DEPARTMENT.
DURING THE SAME PERIOD, THE TOTAL TONNAGE OF CARGO DISCHARGED IN HONG KONG FROM INCOMING SHIPS (ESTIMATED FROM A SAMPLE OF MANIFEST CONSIGNMENTS) INCREASED BY 18 PER CENT.
WHEN ANALYSED BY SHIP TYPE, INCREASES WERE RECORDED IN THE NUMBER OF CONTAINER VESSELS (+732) AND OIL TANKERS (+215), WHILE DECREASES WERE RECORDED IN THE NUMBER
ROLL-ON/ROLL-OFF VESSELS (-177), SEMI-CONTAINER VESSELS (-166) AND CONVENTIONAL CARGO VESSELS (-92).
INCREASES IN NUMBER WERE RECORDED FOR SHIPS REGISTERED IN CHINA (+7911, PANAMA (+141) AND STIGAPORE (+35); RECORDED FOR THOSE REGISTERED IN THE FEDERAL
(-70), LIBERIA (-50) AND JAPAN (-47).
BUT DECREASES WERE REPUBLIC OF GERMANY
THE NUMBER