XN000022-1989-09-20 — Page 8

7

WEDNESDAY, SEPTEMBER 20, 1989

LED ΤΟ

AND THE INCREASED

HE EXPLAINED THAT RAPID GROWTH OF EAST ASIA GENERALLY

OF THE JAPANESE LIBERALISATION OPPORTUNITIES IN HONG KONG.

MARKET HAD

HAD GROWN

TRADE WITH JAPAN, TAIWAN, SOUTH KOREA AND SINGAPORE AT AN AVERAGE OF OVER 36 PER CENT PER ANNUM IN THE LAST TWO YEARS ACCOUNTED FOR ABOUT 26 PER CENT OF HONG KONG'S TOTAL TRADE IN 1988.

AND

ARE

"AS TRADE AND INVESTMENT LINKS GROW, PACIFIC RIN ECONOMIES BECOMING MORE INTEGRATED AND, WITH HIGH GROWTH EXPECTED TO CONTINUE, HONG KONG SHOULD CONTINUE TO BENEFIT.

"THERE IS ALSO. OF COURSE. OUR LONG STANDING RELATIONSHIP THE EUROPEAN COMMUNITY AND THE UNITED STATES.

WITH

55 PER CENT

то CONTINUE

PLAY A COME. THE DIRECTOR

"TRADITIONALLY OUR MAIN MARKETS, THEY STILL TOOK

1988 AND OF OUR TOTAL DOMESTIC EXPORTS IN

WILL DOMINANT ROLE IN OUR ECONOMIC LIFE FOR YEARS TO SAID.

HONG KONG'S

FUTURE THE SAME TIME, HE

BLUEPRINT FOR MR JOHNSON NOTED THAT THE REMAINED AS SET OUT IN THE JOINT DECLARATION, AT RECOGNISED THAT MANY PEOPLE HAD DOUBTS ABOUT HONG KONG'S FUTURE.

OR THAT INTERNAL

CONFIDENCE

IS, BY COMMAND. BUT WHICH

"IT WOULD BE DISHONEST FOR ME TO DENY THIS, CONFIDENCE HAS NOT BEEN DAMAGED BY RECENT EVENTS. AND OF COURSE, SOMETHING THAT CANNOT BE RESTORED HAS TO BE BUILT UP OVER TIME.

BE DONE BY THE "THIS IS SOMETHING WHICH WILL HAVE TO

THREE OTHERS WITH INTERESTS IN GOVERNMENTS MOST CLOSELY INVOLVED, AND BY OUR CONTINUING PROSPERITY. IT WILL REQUIRE TIME, AND EFFORT, BUT I SURE IT CAN BE DONE." MR JOHNSON SAID.

AM

GOVERNOR TO VISIT EASTERN DISTRICT TOMORROW

THE GOVERNOR, SIR DAVID WILSON,

AND LADY WILSON WILL VISIT ΤΟ SEE TRANSPORT AND HOUSING

EASTERN DISTRICT TOMORROW (THURSDAY) DEVELOPMENTS IN THE DISTRICT.

THE DISTRICT

THEY WILL TOUR THREE TYPES OF HOUSING IN TAK LEE, WAI LEE AND PO LEE BUILDINGS IN QUARRY BAY, AS WELL FA CHUEN AND WAN TSUI ESTATE IN CHAI WAN.

THEY WILL ALSO

LOOK

AT

THE

AS HENG

CONSTRUCTION WORK

OF THE ISLAND

EASTERN CORRIDOR STAGE III PROJECT.

OTHER

STOPS

NING

ON THE ITINERARY ARE THE HO1 SITTING-OUT AREA AND THE SHAU KEI WAN CHILDREN AND YOUTH CENTRE.

/THE GOVERNOR

STREET