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September 2001
Impact on Hong Kong

The shockwaves of the tragedy in New York and Washington DC on September 11 continue to ripple around the global trading community of which Hong Kong is a key member as the world's ninth largest trader. The Immigration Department has reported 13 Hong Kong residents still unaccounted for in the wake of the terrorist attacks. (full story)

Location, location, location

(Article taken from ¡¥Britain In Hong Kong' September, 2001. Reproduced with permission from Speedflex Medianet Ltd and The British Chamber of Commerce in Hong Kong.)

The world is becoming more competitive, and while that is in theory good for growth, it can be tough indeed for small businesses. Paul Gordon spoke to the Trade Development Council¡¦s Peter Woo about why he thinks Hong Kong firms are well placed to benefit. (full story)

Hong Kong to be a major regional hub of Disney magic

Walt Disney Company chairman and chief executive officer Michael Eisner predicted that Hong Kong would become a ¡§major regional hub of Disney magic¡¨ where the company could develop products and ideas for the entire Asia Pacific region. (full story)

Korea-Hong Kong Partnership Potential

Strategic partnership between Hong Kong and Korean companies was a focus of the high level Korea/Hong Kong Business Round Table meeting on 24 September in Cheju Island. (full story)

British Minister optimistic on economic outlook

Hong Kong people should reflect on their history and be optimistic about the current economic downturn, according to British Under-Secretary of State for Foreign and Commonwealth Affairs Dr Denis MacShane. He was commenting at the end of a two-day visit to Hong Kong during which he met with Chief Executive Tung Chee Hwa, Chief Secretary Donald Tsang and other government and business leaders.(full story)

EU-China bilateral ties strengthened at Brussels summit meeting

Hong Kong¡¦s Special Representative for Economic and Trade Affairs to the European Communities has welcomed the commitment made by the European Union and China to strengthen further bilateral ties at a summit meeting in Brussels in September. (full story)

"Cosmopolitan" Hong Kong to remain Asian HQ

The stronger China grows, the better for Hong Kong, says Goldman Sachs (Reprinted in translation with permission from The Hong Kong Economic Times)

As Shanghai is undergoing a very rapid development, there are concerns in Hong Kong that competition from China might be a threat [to the SAR's fortunes]. Goldman Sachs Asia President and Managing Director Richard Gnodde says that with China's entry into the World Trade Organization and the opening up of the China market, the outlook for Hong Kong will be even better. Goldman Sachs' Asian headquarters will continue to be based in Hong Kong. And this is not going to change.(full story)

Financial secretary outlines new economic policies for Hong Kong

Hong Kong people are better prepared than ever to handle economic difficulties, according to Financial Secretary Antony Leung at a press conference for Chinese language journalists in Hong Kong.(full story)