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THURSDAY, SEPTEMBER 6, 1990
COMMENTING ON THE EFFECT THE GULF CRISIS MIGHT HAVE ON KONG, SIR DAVID SAID THE GOVERNMENT WOULD MONITOR AND CAREFULLY THE WHOLE QUESTION OF OIL SUPPLIES AND PRICES.
WATCH
HONG
VERY
A
"FORTUNATELY THERE IS NO PROBLEM AT ALL ABOUT OIL SUPPLIES WATCH NO ONE SHOULD BE CONCERNED ABOUT THAT. WE HAVE TO KEEP
HE SAID. PRICES AND THE EFFECT ON THE ECONOMY,
-
SO
ON
THERE WAS AN HE NOTED THAT HONG KONG WOULD BE AFFECTED IF EFFECT ON OUR MAJOR MARKETS LIKE THE UNITED STATES, EUROPE AND JAPAN.
ΤΟ
GOING
"IT'S GOING TO BE A TOUGHER ENVIRONMENT FOR US. WE'RE GOING HAVE TO MAKE SURE WE ARE COMPETITIVE," HE SAID, ADDING: "WE'RE TO HAVE TO TRY HARDER OVER THE NEXT FEW MONTHS.
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THE GOVERNOR SAID HE WAS DISAPPOINTED THAT THE INTERNATIONAL TRADE COMMITTEE HAD FOUND THAT THERE HAD AND THAT ANTI-DUMPING DUTIES HAD BEEN IMPOSED ON HONG MANUFACTURERS.
UNITED STATES
BEEN DUMPING KONG KNITWEAR
"IT IS, ON THE FACE OF IT, QUITE DIFFICULT TO SEE HOW HONG KONG MANUFACTURERS CAN DUMP BECAUSE WE HAVE A TOTALLY OPEN MARKET. BUT THAT THE BEEN A DECISION AND WE'VE SIMPLY GOT TO FACE THAT REALITY AT MOMENT, SIR DAVID SAID.
HAS
++
GOVERNMENT ABOUT OUT WHETHER
"IF NECESSARY, WE WILL TALK TO THE AMERICAN IT, BUT THEY HAVE A VERY OPEN SYSTEM OF TRYING TO WORK THERE ARE ANTI-DUMPING DUTIES, HE ADDED.
NEW
ASKED TO COMMENT ON BUSINESSMAN, MR GORDON WU'S PROPOSALS FOR A ВВ AIRPORT, SIR DAVID POINTED OUT THAT WHILE MR WU'S IDEAS WOULD LOOKED AT, WHAT NEEDS TO BE DONE NOW WAS TO GET ON WITH THE PROCESS OF BUILDING THE NEW AIRPORT.
WAS
IN THAT HE SIR
SAID HE WAS STRUCK BY MR WU'S REPORT DAVID AGREED THAT HONG KONG NEEDED A NEW AIRPORT AND THAT CHEK LAP KOK THE RIGHT PLACE.
"ON SOME OF THE DETAILS, HE COMES UP WITH DIFFERENT IDEAS, OF COURSE WE WILL LOOK AT THOSE IDEAS TO SEE IF THERE IS ANYTHING PICK UP,
UP," HE SAID.
AND
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