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Hong Kong Budget

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BUSINESS
February 21, 1994 | From Times Staff and Wire Reports
Airport Financing Expected to Dominate Budget: The colony's annual budget statement is likely to be dominated by attempts to resolve the Sino-British dispute over Hong Kong's $20-billion airport project, tax experts say. China and Britain have been haggling over how to pay for the project, which includes new roads, railways and bridges, tunnels and major reclamation work on Hong Kong's Victoria Harbor.
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BUSINESS
February 21, 1994 | From Times Staff and Wire Reports
Airport Financing Expected to Dominate Budget: The colony's annual budget statement is likely to be dominated by attempts to resolve the Sino-British dispute over Hong Kong's $20-billion airport project, tax experts say. China and Britain have been haggling over how to pay for the project, which includes new roads, railways and bridges, tunnels and major reclamation work on Hong Kong's Victoria Harbor.
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TRAVEL
January 21, 1990 | LUCY IZON, Izon is a Canadian travel journalist covering youth budget routes.
Bamboo scaffolding still clings to numerous new high-rises in this city that will be handed back to the People's Republic of China in 1997. At one prime location, in Kowloon, the YMCA is being expanded. When completed late next year, the 400-bed Salisbury Street YMCA will have a fifth-floor section with four bunk rooms for student travelers. The rate will be $150 Hong Kong (about $20 U.S.) per bed a night.
NEWS
June 15, 1997
To find the center of power in Hong Kong, one used to look first for a crown. The queen appointed the British governor, who held wide-ranging powers to run the territory, and conferred knighthood on society's top leaders. Wealth ran a close second in an ambitious city that reveres success. Now, in an echo of the hand-over slogan, "Hong Kong people running Hong Kong," the players are changing. The ultimate power lies in Beijing and with those closest to it. And money still counts for a lot.
TRAVEL
January 28, 1990 | LUCY IZON, Izon is a Canadian travel journalist covering youth budget routes.
To get a break from Hong Kong's crowds, budget travelers need only take a one-hour ferry ride to this sparsely populated island. It won't cost much, either. Three meals a day and plain lodgings are available for less than $25 U.S. a night at the Buddhist monastery. Hong Kong has a land area of 404 square miles made up of a peninsula tip of southeastern China, Hong Kong Island (with a population of more than 1 million) and more than 230 outlying islands.
TRAVEL
September 21, 2003 | Jane Engle
Approaching Hong Kong by air in the daytime is unforgettable. The city looks like a forest of Erector-set towers gleaming against dark hills. The parade of nearly identical skyscrapers, honeycombed with windows, seems endless. It's Manhattan on steroids. An East-West trading center since the mid-19th century, Hong Kong remains a major international crossroads -- but a troubled one. Much of its elite class fled before the British territory reverted to Chinese control in 1997.
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