October 31, 1982 - North Shore News *. . he moribund - Canadian ; ‘housed in good apartments. . ‘B com would pola with I have another great, idea! It’s so original that. at first a lot of people: are going to reject it, but that’s the fate of most true... revolutionary - breakthroughs. You may have caught ‘the - news that the .Communist rulers in Peking have an- nounced... they intend to”; regain~ ‘sovereignty over _ the local economy. This has - ‘ been going on for years, but you can expect to see the flow of cash from the South -China Sea to start spurting under the pressure of China’s "announcement to take “control. «~~ One of the more intriguing “theories put’ forward as, to Hong Kong when-the British‘. why‘the British government . lease runs out in 1997. That's very bad news for. Hong Kong. Peking . Promises to let Maggie: ‘Thatcher makes . soothing ‘noises: ‘to. head off” any panic. “4 But" the truth” is: — and. everybody knows ‘it.— your. can’t ‘expect a Communist government to restrain its urge to meddle in capitalist affairs when it gets into power... . Once Hong Kong is ab- sorbed into China, its raison d etre ceases to be. It is as a haven for maybe the most, _ freewheeling capitalist | economy left in the world, Ligl lamps. Kong to London by 1997. ting Unlimited offers a superb selection of ceramic “reacted. so. Mecisively i in the : Falklands ‘was:‘because the . “Hong I Kong question loomed in the background. - Why :: not simply bring ‘the 1800. ‘Falkland: Islanders . home “to Britain and let Argentina have ‘the islands? It would havé been alot chéaper-‘than’ a. war. -And “infinitely: cheaper in the long -- _run in terms of maintaining a gatrison. According to the theory, Britain couldn't do _ that because there were 5.5 million people in Hong Kong _ who have essentially the - same kind of technical citizenship status in England ° _as the Falkland Islanders. A precédent in’ the” Kong f functions so: Falklands would have led to” ; a mass- exodus from Hong — _'» That's > - ‘Something the” * Hong. ‘Kong British apparently don’ t umped into ‘want, I visited Hong Kong a-year ~ago and fell in love with the place. It is, after all, very Similar to Vancouver. Pastel apartment towers cling to the slopes of Victoria Peak, rather like: the West. End, only on a much larger scale. ‘It is no‘accident that so "many Hong. Kong people ‘have already invested in Vanicouver..They must feel as at home here as I did there, Hong Kong has no heavy industry; so it retains a delicate feel,. like ornately- carved chess pieces. There. are. tar-paper shacks “perched | along" the shoreline.and a lot of people live in®: ‘Sampans,, junks: and . houseboats, . but the soyer- whelming”™ “majority are " ~ sharpest *. They are among - tht - busiessmen_ -economy around. Van- couver’ ‘would. beconie one of - enterprise. cessful economy: world. The ‘impressiéa I was left with of Hong Kong was of a barren rock that-had become a resting place’.for a vast, migrating flock — a rookery : ‘rather than a’ ‘city. That flock. - is now looking for another nest. I suggest that Canada announce an open-door -policy~to all. Hong Kong residents... Let them come. here with their ‘wealth’ ‘and : their energy ‘and their business savvy. °° . Within’ guarantee, they. would, turn. a ten: ‘years;. ot ‘ ° ‘How. to use:vety’ B inves leverage © How you can profit , whether price rises or talis _ Reg Price Dresses 16.99 2-3x 62.90 4-6x 22.90 . 67.90 7-14 26.99 74.99 , Boys 3pc sults § 46.99 2-14 146.09 to to to to to to to to Sale Price 14.99 49.99 17.99 53.99 - 20.99 59.99 36.99 115.99 Last chance before the holiday season to make great savings on: Gold: trading; 47:.hours a day IEW ORK ONDON.- HONG KONG ~ Call: MARVIN HUNTER | Reg Price Sale Price 28.99. 35.99 Boy's vestand 36.09 “to Pant sete 44.09 to 414 : Boy's blazera 39.99 to 3-16 53.99 to Boy's Drese 19.99 to Pants 25.09 to 3-14 31.99 42.99 15.99 19.99 THE FASHION CENTRE FOR CHILDREN PARK ROYAL SOUTH LANSDOWNE PARK MALL (lower level) 926-1511 270-2118 PARK ROYAL 926-5616 OAKRIDGE 261-3617 PACIPIC CENTRE 669-2513 RICHMOND CENTRE 273-4323 LANSDOWNE PARK 278-6334 GUILDFORD TOWN CENTRE 585-2622 | _ COQUITLAM CENTRE 464-174)... 7». SURREY PLACE 584-2110. * 5