Free-press fears spread to financial reporting

Article Abstract:

Many Hong Kong business analysts expressed concern that China may curb free speech once it takes over the colony on Jul. 1, 1997. Particularly, many observers fear that access to reliable financial reports may be hindered as part of China's crackdown on free speech. Such fears were heightened when China's foreign minister discussed some aspects of free speech restrictions in a recent interview and the proliferation of reports that a Western securities researcher was detained for allegedly disseminating restricted information about future foreign exchange policies.

Media Relations, China, Laws, regulations and rules, Freedom of speech, Political aspects, Press relations, Corporation reports, Company reports, Hong Kong-China reunification question

---

Government spending plan feeds hopes of economic relief

Article Abstract:

The Hong Kong government unveiled a package of measures consisting of tax breaks and new investments in its budget with the aim of improving its long-term competitiveness. Among the contents of the budget are the planned privatization of the Mass Transit Railway Corp, the merging of the Hong Kong Stock Exchange and the Hong Kong Futures Exchange and a proposed cyberport for high-technology firms. Tax rebates will also be mailed to 1.5 million taxpayers as part of Hong Kong's HK$10.9 billion one-time tax cuts.

Legislative Bodies, Budget, Economic aspects, Budgeting, Budgets, Hong Kong, Tax incentives

---

Similar abstracts:

• Abstracts: Compass adds its final ingredient. Granada Food Services: catering for the new millennium. All the right ingredients: following its recent acquisition of the French contract catering company Eurest International, Compass Group is now the largest contract catering firm in the world
• Abstracts: The economic situation in the ECE region in 1995. External financial developments in the transition economies
• Abstracts: Singapore invites companies to begin preparing bids for telecoms licenses
• Abstracts: Five on the fast track. A better class of teacher. Targeting the hiring squad
• Abstracts: Back to earth. The big stick: Japan's new financial cure: allowing banks to fail. That's enough

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.