CHINA: CHINESE HOPE SEPTEMBER'S ASIAN GAMES WILL BOOST ECONOMY HIT BY INTERNATIONAL SANCTIONS AFTER TIANANMEN SQUARE MASSACRE

Record ID: 862071

  • Title: CHINA: CHINESE HOPE SEPTEMBER'S ASIAN GAMES WILL BOOST ECONOMY HIT BY INTERNATIONAL SANCTIONS AFTER TIANANMEN SQUARE MASSACRE
  • Date: 17th September 1990
  • Summary: BEIJING, CHINA (RECENT) CRAIG REYNOLDS (REUTERS) GV HUGE "WELCOME TO BEIJING" SIGN 0.04 SVS/GVS CYCLISTS AND TOURISTS IN TIANANMEN SQUARE (4 SHOTS) 0.18 GV/PAN/GV WORKERS PREPARING NEW FLOWER BED (2 SHOTS) 0.27 CU CHINESE FLAG 0.30 GV/SVS TIANANMEN SQUARE (2 SHOTS) 0.39 CU ROBERT DELFS SPEAKING (ENGLISH SOT) TRANSCRIPT SEQ. 6: DELFS: "THREE MONTHS AGO I WOULD HAVE SAID STAGNANT, BUT I THINK NOW I'D SAY A RECOVERY IS UNDER WAY, BUT HOW FAR IT WILL GO AND WHETHER IT WILL EXTEND OUT OF THE RELATIVELY LIMITED SECTORS, MAINLY RURAL INDUSTRIES, INTO THE STATE SECTORS, IS VERY UNCLEAR." 0.55 SV/CU ZHANG SPEAKING (ENGLISH SOT) (2 SHOTS) TRANSCRIPT SEQ. 7: ZHANG: "I THINK THEY SHOULD NOT TAKE ANYTHING LIKE THE INCIDENT IN TIANANMEN LAST YEAR INTO ACCOUNT. THAT HAPPENED ONLY JUST LAST YEAR, NOW EVERYTHING IN CHINA HAS CHANGED AND THE PEOPLE ARE VERY HAPPY ABOUT WHAT HAS BEEN DONE BY OUR GOVERNMENT IN THE PAST FEW MONTHS. SO THE PEOPLE NOW ARE VERY (INDISTINCT). LIFE HERE IS VERY NORMAL AND ALSO VERY STABLE, SO THERE IS NO REASON WHY THE EUROPEANS AND AMERICANS SHOULD NOT COME TO CHINA."1.34 GVS PEOPLE WALKING AND CYCLING IN STREETS (2 SHOTS) 1.40 Initials Script is copyright Reuters Limited. All rights reserved
  • Embargoed: 2nd October 1990 13:00
  • Keywords:
  • Location: China, China
  • City:
  • Country: China
  • Topics: Economy,Politics
  • Reuters ID: LVA8TTAT48KQXLSM8XDCZZA6DUDE
  • Aspect Ratio:
  • Story Text: The eleventh Asian Games, beginning in Beijing on Saturday (September 22), are being hailed by Chinese officials as the salvation of China's economy, which has been seriously harmed by international sanctions enforced after the Tiananmen Square killings in June, 1989.

    Foreign investment in China in the first half of 1990 was down 22 per cent on the same period last year, at 2.35 billion United States (US) dollars.One of the worst-hit areas was tourism -- something the Chinese hope will be rectified by the games, which are expected to attract more than a quarter-of-a-million people.

    Robert Delfs, of the Far Eastern Economic Review, thinks that a recovery is now underway, but doesn't know whether it will extend out of mainly rural industries into state sectors.

    Zhang Tingquan, press director of the Asian Games Organising Committee, said: "I think they shouldn't take anything from the incident in June last year.Life here now is very normal and very stable, so there's no reason why Europeans and Americans should not come to China.
  • Copyright Holder: REUTERS
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