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to bring funds which had been diverted elsewhere back to Hong Kong in
order to compete with business groups with Chinese capitals.
Hong Kong The Treasure House
The Southeast Asian countries are concentrating their attention on
Hong Kong this treasure house. There is no need to mention Japan which
is the biggest investor here. The Chinese in Thailand are diverting
their funds to Hong Kong because of invasion by Vietnam and threats
coming from Cambodia. Following closely on their heels are people
in Singapore and Malaysia. Idle money keeps coming to Hong Kong. The
political set-up in Korea has not yet begun to function properly after
the assasination of the president last year. Funds are therefore coming
from that country to Hong Kong for speculative financial and stock tradings.
The adequate supply of idle money, coupled with Hong Kong's position in
import and export trades, consortia of various countries' and giant entreprises
are using Hong Kong as an entrepot to open up the market in China. More
and more foreign firms are being set up in Hong Kong, more prominently
Japanese organisations.
This
The famous physicist Yang Chen-ning has described China's technological
business as the people are talented and the land is wonderful'.
description is in fact more appropriate for Hong Kong. The Pearl of the
Orient has fully utilised this attribute to make magnificent achievements.
Is it not a miracle for a square foot of land in Tsim Sha Tsui to fetch
more than $10 000? This piece of land is too wonderful.
Hong Kong's fung shui began to prosper from Shek Tong Tsui, spreading
easterly to the Central District. A climax was reached in the fifties.
The Central District is really prosperous. Every commercial building
there worths billions of dollars. The consortia are filled with clation.
This prosperous.
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