Hong Kong's new kingmaker

Article Abstract:

Industrialist-trader Henry Fok has maneuvered himself to the top of Hong Kong's provisional government, acting as adviser to administrator Tung Che Hwa. Fok's humble beginnings in Hong Kong's economic circles began with his acquisition of a surplus tugboat which started his trading business. He admits to a shady past of trading in embargoed goods during the Korean War, but only in steel, rubber and food. His businesses have prospered to include real estate developments, one of his projects being the commercial-industrial development in the Pearl River Delta. Fok believes China should emulate Hong Kong to foster its development.

Administration of Urban Planning and Community and Rural Development, Politics NEC, Economic Development NEC, Political aspects, Beliefs, opinions and attitudes, Economic development, Hong Kong, Personalities, Politics, Hong Kong-China reunification question, Fok, Henry

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Shougang surprises analysts with replacement of chairman

Article Abstract:

The Chinese government recently announced the retirement of Zhou Guanwu from the chairmanship of Capital Iron and Steel Corp and the selection of former Ministry of Metallurgical Industry Vice-Chmn Bi Chun to replace him. Many observers were surprised by the announcement, speculating that the removal of a close associate of Deng Xiaoping from one of China's biggest and most internationally-active companies had important political implications. Chinese authorities stated that Zhou's retirement was not extraordinary and that it was prompted by his failing health.

Iron and Steel Mills, Blast furnaces and steel mills, Coke Ovens & Blast Furnaces, Officials and employees, Appointments, resignations and dismissals, Steel industry, Steel mills, Capital Iron and Steel Corp., Zhou Guanwu, Bi Chun

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Chance for relations to thaw: top Beijing negotiator agrees to visit Taiwan

Article Abstract:

Ex Shanghai mayor Wang Daohan, Beijing's top negotiator, has agreed to visit Taiwan in a move that observers hail a chance to improve Taiwanese-Chinese relations. The meetings between Wang and Taiwan's Koo Chen-fu is not likely to produce any tangible improvements in the two countries' relations but are simply meant to open up relations to more formal talks between the two sides that have stalled.

International Affairs, Bilateral Diplomacy, Taiwan, Analysis, Chinese foreign relations, International relations, Chinese (Taiwan) foreign relations, Peace negotiations, Diplomacy, Diplomatic negotiations in international disputes

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