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A joint meeting of The Empire Club of Canada and The Canadian Club of Toronto.
A review of Hong Kong's period of dramatic transition: Hong Kong's economic success nurtured by the British colonial government and the change in that administration back to China in 1997. Hong Kong's future and on what that is dependent. Some political and economic realities. Concerns in the business community. Controversy and political volatility surrounding the transition, especially with regard to the building of a replacement airport at Chek Lap Kok, 25 km west of Hong Kong. Consequences of Hong Kong's decision to undertake a post-1997 project without including the government of China. The progress of the inter-relationship between the economies of Hong Kong and China. The impact of Sino-American relations over the issue of human rights. Consequences of isolating China over this issue. Effects on Canadian enterprises. Emigration to Canada from Hong Kong: a brain drain? The continuing problem of would-be immigrants from Vietnam and how countries in Southeast Asia, including Hong Kong, are handling it. Cathay Pacific and its base of operations in Hong Kong. Problems in negotiations for a Hong Kong airline. Remarks about Hong Kong's economic future. Cathay Pacific's commitment to Hong Kong.