Singapore's aggressive marketing pitch has some in colony worried about impact on confidence

Article Abstract:

Singapore has launched an aggressive marketing campaign to bolster the country's position as an ideal business location for foreign companies. The country has run numerous television and print advertisements showing the quality of life in Singapore. Its aggressive marketing campaign has caused concern among many Hong Kong and Chinese officials, who believe that the colony's status as the prime business center in Asia could be jeopardized. Hong Kong's future remains uncertain because of questions about its political and economic stability after it is reunited to China in 1997.

Economic policy, Singapore, Consumer confidence

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In sudden spree, China Inc. boosts stakes in city firms

Article Abstract:

Chinese companies are becoming large shareholders in Hong Kong following many investments by the mainland's state-supported firms. Companies such as China Travel Group, China Everbright Group, China Telecom, China Resources and Cosco Pacific have purchased substantial stakes in Hong Kong-based firms during the period from March to Aug 1997. Chinese investments have reduced the UK's stake in the territory's key industries including telecommunications and aviation.

Administration of General Economic Programs, Foreign Investment Regulations, China, Foreign investments, Investments, International business enterprises, Multinational corporations, Chinese foreign relations, Hong Kong foreign relations, Foreign investment laws

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Hong Kong

Article Abstract:

Hong Kong's economy has remained robust despite the uncertainties posed by China's takeover on July 1, 1997. Consumer spending, exports and real estate and stock prices are expected to continue increasing in the second half of 1996. Analysts believe that Hong Kong's economic performance during 1st qtr. 1997 will be determined by how China and the UK will handle the transition and when the chief executive to succeed Gov. Chris Patten is selected.

Hong Kong-China reunification question

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