10
+
AT THE TOTAL ROUND
NOT AS GREAT
IT THINK
WAS. THE
SOMETIMES SURE AND SURELY THERE MUST BE WE IMPROVE OUR
THAT IF THERE ARE
HAVE H.E. ON THE FIRST PART OF THAT QUESTION, I THINK THAT WE SUFFERED SOME DAMAGE BUT I DON'T THINK THAT DAMAGE NEED BE SERIOUS OR STOCK MARKET CLOSING DOWN. LONG TERM. NOBODY REALLY LIKES TO SEE A
EVEN THOUGH THEY DIDN'T CLOSE, MANY MARKETS THROUGHOUT THE WORLD,
TELL THE EXPERTS
ME THAT ON MANY WERE VERY CLOSE TO CLOSURE AND
INDEED TO MARKETS THROUGHOUT THE WORLD IT WAS IN FACT VERY DIFFICULT TRADE, PARTICULARLY IN CERTAIN STOCKS. SO THE SURPRISE CLOSURE OF OUR MARKET FOR FOUR DAYS WAS PERHAPS
PEOPLE IN
KONG AS
HONG THE WORLD
I BELIEVE, IS TO MAKE IMPORTANT THING NOW, LESSONS TO BE LEARNT FROM WHAT HAPPENED, LESSONS TO BE LEARNT, THAT WE DO LEARN THEM AND THAT
THAT FOR STRUCTURES. AND IT COMMITTEE IN ORDER TO ADVISE ME WITHIN SIX MONTHS,
THE QUESTION TO BR NEED
TAKEN. MEASURES PLANS, I AM BOUND TO SAY THAT IF I HAD KNOWN
WALL STREET WAS GOING TO CRASH
GUESS MANY PEOPLE BUT I
WERK THEY WHAT DOING
IT HAD ONCE THING.
IS
THAT
REASON
I
HAVE
APPOINTED A
1 HOPE, ON WHAT OF MY OWN TRAVEL THAT ON THE 19TH OF
Ι
ROUND
DOING HAPPENED
WOULD NOT THE WORLD THEY
HAD
IF
I THEN HAD TO
WAS
Ι
OCTOBER, I THINK IT WAS, HAVE BEEN IN WASHINGTON. WOULD NOT HAVE BEEN ALSO KNOWN THE SAME CONSIDER WHETHER IT WAS RIGHT TO CONTINUE WITH MY PROGRAMME WHICH
VERY INFLUENTIAL PUTTING ACROSS HONG KONG'S CASE TO LARGE NUMBERS OF PEOPLE IN WASHINGTON OR NEW YORK, OR CUT THAT PROGRAMME AND RETURN.
WITH HONG KONG ON TOUCH
ALL THE WAS ABLE TO KEEP CONSTANTLY
IN HAD CONFIDENCE
THE
HERE PEOPLE STRATEGIC DECISIONS. 1
AND I THEREFORE DECIDED CARRYING OUT THE DETAIL OF THOSE DECISIONS
DISTANCE AND TO THAT IT WAS MUCH BETTER TO REMAIN IN CONTACT FROM A
ACROSS CARRY OUT WHAT I SAW AS A VERY IMPORTANT PROGRAMME OF PUTTING HONG KONG'S CASE ON CAPITOL HILL, TO THE ADMINISTRATION, TO THE MEDIA. TO INFLUENTIAL PEOPLE IN WASHINGTON AND NEW YORK.
IN
ALSO
WHILE YOU
ALL EMBARRASSED THAT
WERE
THEM THE
MAGGIE NELSON: CAN 1 ASK IF YOU WERE AT
CLOSED WAS STOCK MARKET OPEN-MARKET POLICY OF HONG KONG?
THE
TELLING
BY
IS
RAISED A LOT OF H.E : I WASN'T PARTICULARLY EMBARRASSED. IT
UNITED STATES TO QUESTIONS AND I FOUND IT QUITE USEFUL TO BE IN THE
ON SHOULD THE MARKET HAVE TRY TO ANSWER THOSE QUESTIONS, NOT JUST
THE CLOSED OR SHOULD IT NOT, BUT WHAT ARE THE UNDERLYING REALITIES OF HONG KONG ECONOMY. SO I DON'T THINK I WAS PARTICULARLY EMBARRASSED IT. ON AN OPEN MARKET, THERE IS A DISTINCTION I IMPORTANT. ↑ WAS MAKING THE POINT AS STRONGLY AS
NO TARIFF BARRIERS KONG IS A MARKET WHICH IMPORTANT POINT IN DEALING WITH THE TRADE BILL. MAKE A POINT ABOUT WHETHER WE OPENED FOR 24 HOURS A DAY OR A DAY OR, INDEED, WHETHER THE STOCK MARKET CLOSED DOWN FOR FOUR DAYS.
HAS
THINK HERE THAT
I COULD THAT HONG WAS THE AND THAT
1 WASN'T TRYING TO TWO HOURS
JAMES TAM, OF SING PAO: SIR,
MONTHS
WHAT ACHIEVEMENT
HAS
MADR
UNDER
REALLY DIDN'T WANT TO ASSESS YOUR PERFORMANCE IN THE PUBLIC, THEN MAY I ASK YOU IN THE YOU HAVE MADE OR THE HONG SEVEN
BUILDING YOUR LEADERSHIP GOVERNMENT
YOU IF
PAST
KONG
IN
UP
THE
COMMUNITY?
/H.8.