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China Treaties England

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BUSINESS
December 18, 1990 | From Associated Press
The largest bank in Hong Kong announced Monday that it was transferring all assets offshore, a move that would probably damage confidence in the British colony reverting to Chinese rule in 1997. Hongkong & Shanghai Banking Corp. Chairman William Purves said the decision reflected the bank's global reach and did not signal abandonment of the territory where it has flourished for 125 years.
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BUSINESS
December 18, 1990 | From Associated Press
The largest bank in Hong Kong announced Monday that it was transferring all assets offshore, a move that would probably damage confidence in the British colony reverting to Chinese rule in 1997. Hongkong & Shanghai Banking Corp. Chairman William Purves said the decision reflected the bank's global reach and did not signal abandonment of the territory where it has flourished for 125 years.
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NEWS
June 6, 1989 | KARL SCHOENBERGER and TYLER MARSHALL, Times Staff Writers
Panic began to spread through financial markets in this British colony Monday as residents reacted to the weekend bloodshed in Beijing with deep anxiety over their future under eventual Communist rule. Hong Kong's already jittery stock market plummeted nearly 22%, the worst single-day loss since the October, 1987, global crash. At the same time, trade union leaders prepared to stage a general strike Wednesday to protest the Beijing government's brutal crackdown on pro-democracy demonstrators, whose cause has been celebrated--and to a large extent financed--by Hong Kong Chinese.
NEWS
December 21, 1989 | DAN FISHER, TIMES STAFF WRITER
In an admitted compromise between the lingering responsibilities of a lost empire and the danger of ethnic unrest at home, the British government announced Wednesday that it will grant full citizenship to fewer than 4% of Hong Kong's 5.7 million residents before the colony reverts to Chinese rule in 1997.
NEWS
December 21, 1989 | DAN FISHER, TIMES STAFF WRITER
In an admitted compromise between the lingering responsibilities of a lost empire and the danger of ethnic unrest at home, the British government announced Wednesday that it will grant full citizenship to fewer than 4% of Hong Kong's 5.7 million residents before the colony reverts to Chinese rule in 1997.
NEWS
June 6, 1989 | KARL SCHOENBERGER and TYLER MARSHALL, Times Staff Writers
Panic began to spread through financial markets in this British colony Monday as residents reacted to the weekend bloodshed in Beijing with deep anxiety over their future under eventual Communist rule. Hong Kong's already jittery stock market plummeted nearly 22%, the worst single-day loss since the October, 1987, global crash. At the same time, trade union leaders prepared to stage a general strike Wednesday to protest the Beijing government's brutal crackdown on pro-democracy demonstrators, whose cause has been celebrated--and to a large extent financed--by Hong Kong Chinese.
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