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THURSDAY, APRIL 27, 1989
HE CALLED ON THE FINANCIAL
SECRETARY TO CONSIDER
BEFORE PUTTING ALL HIS AND HONG KONG'S EGGS IN ONE BASKET INTO FINANCE AND SERVICE SECTORS.
CI
CAREFULLY THAT WAS,
"NO INDUSTRIALIST WILL TELEPHONE THE FINANCIAL SECRETARY AT 4 AM TO BE RESCUED FROM THE RESULTS OF HIS OWN FOLLY, MR TIEN SAID, REFERRING TO OCTOBER 1987 STOCK MARKET CRASH.
MR TIEN ALSO EXPRESSED CONCERN OVER THE GROWING ANTI-DUMPING ACTIONS IN EUROPE AND THE EMERGENCE OF A "FORTRESS BUROPE" IN 1992 WHICH WOULD SEE THE ULTIMATE DRAWING CLOSER OF THE 12 EEC COUNTRIES TO FORM A COMMON ECONOMIC BLOC.
GOVERNMENTS IN EUROPE AND ELSEWHERE WERE LIKE DRUG ADDICTS RETURNING FOR FURTHER SHOTS AS FAR AS ANTI-DUMPING WAS CONCERNED. ONCE STARTED, THOSE WHO COMPLAINED ABOUT DUMPING WOULD FIND IT DIFFICULT TO STOP EVEN WHEN THERE WAS LITTLE OR NO JUSTIFICATION FOR THEIR PROJECTS, MR TIEN NOTED.
"WE LOOK TO THE FULLEST GOVERNMENT SUPPORT ON THIS MATTER ΤΟ MAKE OUR CASE FULLY KNOWN INTERNATIONALLY,' HE SAID.
HE ALSO NOTED THAT HONG KONG PEOPLE WERE ALL TOO PRONE THESE DAYS TOWARD UNNECESSARY INTERNAL CONFLICT. THERE WERE TOO MANY GROUPS, ASSOCIATIONS AND PROFESSIONS WHICH DEVOTED UNDUE AMOUNT OF TIME TO PUSHING THEIR OWN SELFISH CLAIMS.
DISCORD.
"I SINCERELY HOPE THAT THE END RESULT OF ALL THIS IS NOT SOCIAL
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'WE MUST BEWARE OF FRAGMENTING OUR SOCIETY AND MY EARNEST HOPE IS THAT THE EARLIER COOPERATIVE SPIRIT OF HONG KONG CAN BE RESTORED, MR TIEN SAID.
DAVID CHEUNG URGES GOVT TO MAKE BETTER USE OF SURPLUS
* *
THE HUGE BUDGET SURPLUS MUST BE PUT TO BETTER USE FOR THE SAKE OF THE PEOPLE OF HONG KONG BECAUSE THE MONEY RIGHTFULLY BELONGS ΤΟ THEM, THE HON DAVID CHEUNG CHI-KONG SAID TODAY (THURSDAY),
SPEAKING IN THE LEGISLATIVE COUNCIL DURING THE SECOND DAY BUDGET DEBATE, MR CHEUNG SAID IT WAS A PITY THAT THE HUGE SURPLUS HAD NOT BEEN PUT TO BETTER USE TO IMPROVE THE QUALITY OF LIFE OF THE PEOPLE.
PRE-PRIMARY AND PRIMARY SCHOOL
THE 3.7 PER CENT INCREASE IN EDUCATION, FOR EXAMPLE, WAS FAR FROM ADEQUATE, HE SAID.
"THE FACT