21
WEDNESDAY, OCTOBER 17, 1990
WAS
THE GOVERNOR REFUTED SUGGESTIONS THAT THERE FOREIGN COMPANIES TO MOVE THEIR BASES OUT OF HONG KONG, WAS A NET GAIN OF 60 NEW SET-UPS EACH YEAR.
A TREND FOR NOTING THERE
ITS SPECIAL MUCH HOWEVER
IN THE
KONG WOULD MAINTAIN HE WAS CONFIDENT THAT HONG
AS
REGIONAL A
CENTRE ROLE AS A GATEWAY TO CHINA AND OTHER CENTRES IN CHINA AND ELSEWHERE IN THE REGION MIGHT GROW FUTURE.
KONG DOLLAR LINK THAT IT HAD SINCE ITS THREATEN
SIR DAVID ALSO DEFENDED THE CONTINUING HONG TO THE US DOLLAR DESPITE ITS RECENT FALLS, POINTING OUT PROVEN TO BE A STABILISING INFLUENCE THROUGHOUT THE PERIOD INTRODUCTION IN 1983. ANY CHANGE WOULD CAUSE UNCERTAINTY AND THE TERRITORY'S ECONOMY AND STABILITY.
HK: A SHOWCASE FOR FREE ENTERPRISE AND TRADE
CAN
HONG KONG IS A SHOWCASE OF WHAT FREE ENTERPRISE AND FREE
IN SAID WILSON, DAVID SIR THE DO,
GOVERNOR, (WEDNESDAY).
TRADE
PARIS TODAY
SIR DAVID SAID HONG KONG WAS THE PERFECT BASE FOR THOSE SEEKING OR TO DO BUSINESS, BREAK INTO AND EXPAND MARKET SHARE IN THE EAST, LOOKING FOR RELIABLE OFF-SHORE PRODUCTION AND A PLACE TO FROM.
THE GOVERNOR
WAS
MANAGE
IT
ADDRESSING THE
KONG FRANCE-HONG
BUSINESS
ASSOCIATION ON "HONG KONG IN THE 1990S".
SIR DAVID POINTED OUT THAT HISTORICALLY THE WEST TENDED TO VIEW THE SILK ROAD THE EAST AS AT THE OTHER END OF A VERY LONG LINE SYNDROME.
"THIS IS MISLEADING.
IN TODAY'S WORLD, COMMERCIAL NETWORKS NEED ECONOMIC AND A GLOBAL PERSPECTIVE. DRAMATIC EVENTS ARE CHANGING THE POLITICAL MAP OF BOTH EAST AND WEST EUROPE.
"WE IN HONG KONG HOPE THAT THESE WILL NOT DISTRACT
FROM OUR PART OF THE WORLD.
BOARDROOMS
SOUTH
"IF IT DOES, IT WILL BE TO THEIR DISADVANTAGE. EAST AND
HONG KONG IS AT EAST ASIA IS THE FASTEST GROWING REGION OF THE WORLD. THE HUB OF THIS REGION," THE GOVERNOR SAID.
HAVE
THE GOVERNOR TOLD THE BUSINESSMEN THAT DESPITE WHAT THEY READ OR HEARD ABOUT HONG KONG'S PROBLEMS, FOREIGN LITTLE SLACKENING OF INTEREST IN HONG KONG.
FIRMS
MIGHT SHOWED
/TODAY, THERE