6
WEDNESDAY, SEPTEMBER 27, 198
SHE NOTED,
HOWEVER, THAT
VARIOUS
SOURCES MOST OF THE INCLUDING THOSE INVOLVING
FEEDBACK FROM INDICATED THAT THREE MONTHS AFTER THE TIANANMEN EVENTS, REGULAR BUSINESS ACTIVITIES IN HONG KONG, CHINA. HAD RETURNED TO NORMAL.
OUT SHE POINTED
LED MANY TO QUESTION
THAT THE BASIC THE
TURMOIL RECENT ASSUMPTIONS
IN CHINA HAD
THE UNDERLYING
JOINT
DECLARATION AND THUS THE BASIC LAW.
H
THERE
KNOCK AND IT WOULD OF THE BRITISH HONG KONG GOVERNMENT то
THAT SHE SAID. ADDING "THIS HAS TO DO WITH CONFIDENCE, WAS NO DOUBT THAT CONFIDENCE HAD TAKEN A SEVERE TAKE TIME AND SUSTAINED TANGIBLE EFFORTS ON THE PART GOVERNMENT, THE CHINESE GOVERNMENT AND THE RESTORE IT.
HOWEVER, FOR NOW OUR ECONOMY APPEARED
ΤΟ HAVE WEATHERED THE
IMMEDIATE STORM RATHER BETTER THAN MANY WOULD HAVE EXPECTED, SHE SAID.
"WE ARE SLOWLY
COMING
OUT
OF
THE
INITIAL
DOOM AND GLOOM
14
SCENARIO, SHE ADDED.
AT PRESENT FOLLOWING "WHATEVER THE DIFFICULTIES FACING CHINA
ECONOMICALLY IT THE TIA ANMEN EVENTS, ITS LEADERS HAVE STRESSED THAT
EVEN HAS EMBARKED ON A COURSE FROM WHICH THERE CAN BE NO TURNING BACK IF THE PACE IS AT TIMES BUMPY.
"CHINA'S CURRENT AUSTERITY MEASURES WILL PROBABLY TAKE TIME TO
OBJECTIVES OF RESTRAINING
WORK THROUGH IN ORDER TO MEET THE AND CONTAINING INFLATION." SHE NOTED.
DEMAND
"MEASURES CAN ALSO BE EXPECTED FROM THE CHINESE AUTHORITIES ECONOMISE ON THE USE OF FOREIGN EXCHANGE.
ΤΟ
"TUS IN SHORT TERM SOME CONSOLIDATION IN IN CHINA SEEMS LIKELY," SHE SAID.
DEMAND FOR IMPORTS
STILL POSSESSED A VAST MARKET HOWEVER, THE CHINA POTENTIA., WHICH MUST BE PROGESSIVELY UNLEASHED TO THE SHE SAID.
UNTAPPED OUTSIDE WORLD,
"ON CHINA'S PART. CONTINUED ACCESS TO
IS CLEARLY OVERSEAS TECHNOLOGIES FROM DEVELOPMENT NEEDS.
DESIRABLE
FOR
PRODUCTS, SERVICES AND ITS MEETING
"OPERATING BETWEEN FOREIGN
SUPPLIERS
FI
AND INVESTORS AND
WE CAN HONG KONG'S SHE ADDED.
THE OFFER
ROLE
CHINESE GOVERNMENT AND BUSINESS ENTITIES AND WITH WHAT
EXPERTISE, BY WAY OF RESOURCES AND BUSINESS ESPECIALLY FOR SOUTHERN CHINA COULD BE PIVOTAL,
TURNING TO WHAT HONG KONG SHOULD DO TO FACILITATE CHINA'S
INFRASTRUCTURE DOOR POLICIES, MRS CHAN SAID THAT HONG KONG'S
GENERATED BY BOTH REMAIN CAPABLE OF HANDLING THE TRAFFIC FLOWS OWN ECONOMIC ACTIVITIES AND BY ITS GROWING TRADE WITH CHINA.
OPEN
MUST
ITS
/"THE HONG