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FRIDAY, SEPTEMBER 15, 1989

AND

ON

THE EVENTS WHICH

THE

DISCUSSING HOW HỌNG KONG WAS ADJUSTING TO RECENT POLITICAL ECONOMIC DEVELOPMENTS IN CHINA. HE TOLD HIS AUDIENCE THAT

VERY ASSUMPTIONS OF JUNE 4 HAD ARRANGEMENTS FOR HONG KONG'S FUTURE WERE BASED.

CHALLENGED

THE

BUT DESPITE THIS AND ALL THE WORRIES AND ANXIETIES THAT IT CREATED ABOUT HONG KONG'S FUTURE AS PART OF REVERTED FROM BRITAIN, MR MCGLYNN SAID

HAD

CHINA

HONG

KONG

AFTER SOVEREIGNTY HAD

CONTINUED

TO

THRIVE AND PROSPER.

SINCE

HE JUNE

SAID.

INVESTMENTS IN HONG KONG, BUT THEY WERE HONG KONG'S ECONOMIC STRENGTH.

HAD THERE

BEEN NOT THE

SUBSTANTIAL

AMERICAN

ONLY BAROMETER OF

HE NOTED

COMPANIES IN THE

THAT AMONG

FEW LAST

OTHER INVESTOR WEEKS HAD

COUNTRIES,

JAPANESE

ANNOUNCED

FOUR NEW PLANNED

INVESTMENTS OF NEARLY US$25 MILLION.

PLANNING TO SPEND HAD DONE LAST NEEDED SERVICES

THE HONG KONG GOVERNMENT TOO, HE SAID. WAS ANOTHER 20 PERCENT OVER AND ABOVE THE US$1 BILLION IT YEAR TO CONTINUE PROVIDING FORTHE 21ST CENTURY,

THE

INFRASTRUCTURE

AND

FURTHERMORE. THE

GOVERNMENT

WAS

TO EXPECTED

ANNOUNCE NEXT AIRPORT CHANGE THE FACE OF

MONTH PLANS FOR A MULTI-BILLION DOLLAR PROJECT TO BUILD A NEW AND EXPAND PORT FACILITIES THAT WOULD LITERALLY HONG KONG HARBOUR.

"THE CONTINUED WILLINGNESS TO COMMIT VAST

DAY COULD ONE WHAT FOR THE INFRASTRUCTURE TRANS-SHIPMENT CENTRE IS CLEAR EVIDENCE OF HONG TO ENSURE CONTINUED ECONOMIC GROWTH." HE SAID.

RESOURCES то BUILD

DETERMINATION

BECOME KONG'S

ON THE POLITICAL FRONT. MR MCGLYNN SAID CRITICAL

KONG NEEDED TO BE RESOLVED BEFORE THE PEOPLE OF HONG THAT THE BASIC LAW, WHICH WAS AFTER 1997. PROVIDED THE PROTECTION THEY WANTED.

ASIA'S

MAJOR

ISSUES STILL FELT SATISFIED

TO BE HONG KONG'S MINI-CONSTITUTION

HE CONTINUED, FOREMOST AMONG SUCH ISSUES.

SATISFY THE WOULD THAT POLITICAL DEVELOPMENT PROMISE OF A FULLY ELECTED LEGISLATURE AFTER 1997.

WAS JOINT

THE PACE OF DECLARATION'S

OF HONG KONG'S FAST THIS PACE SHOULD

"THERE IS ALREADY CONSENSUS AMONG THE MEMBERS EXECUTIVE AND LEGISLATIVE COUNCILS ABOUT HOW BE." HE SAID.

MR MCGLYNN SAID PEKING'S ATTITUDES AND ACTIONS WERE

WAS MUCH THAT FUNDAMENTAL TO HONG KONG'S FUTURE, BUT THERE

ELONG ALLEVIATE

KONG PEOPLE'S AND THE WEST COULD DO NOW TO ABOUT A SAFE AND SECURE FUTURE.

OBVIOUSLY

BRITAIN WORRIES

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