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Strategies & Market Trends : HONG KONG -- Ignore unavailable to you. Want to Upgrade?

To: Tom who wrote (2396)	10/8/1998 3:18:00 AM
From: Tom	Read Replies (1) \| Respond to of 2951

HK names international panel to advise on strategic issues. By Quak Hiang Whai in Hongkong The Hongkong government yesterday appointed a group of distinguished international business and corporate leaders to advise the territory's chief executive on strategic issues concerning the long-term development of Hongkong from an international perspective. The task of the high-powered group known as Council of International Advisers appears similar to the role of a panel of international advisers which meets once a year to advise Singapore on strategic economic issues. Even some of the members of both panels are drawn from the same multinationals. Chaired by Hongkong's Chief Executive Tung Chee-hwa, the group of 15 influential corporate giants from major multinationals in the developed economies will meet at least once a year and will hold its first meeting next January. <snip> The international advisers include former chairman of Federal Reserve Bank of the US Paul Volcker, chairman of supervisory board of Siemens AG Karl-Hermann Baumann, former chairman of HSBC Holdings William Purves, chairman of News Corporation Rupert Murdoch, and chairman of General Electric John Welch. Two Japanese chairmen -- Tasuku Takagaki from Bank of Tokyo-Mitsubishi and Shoichiro Toyoda of Toyota Motor -- also sit on the council.