POOR FRITIDA TR DE PERFORMANCE IN HONG KONGY

3. I am aware that Iritain's overall share of the Hong Kong

market is declining (since 1968 it has stagnated at between

9% and 8). A major Fritish Industrial Exhibition, at which

some 160 ritish firms are represented, opens today in Hong

Kong and is an important and integral part of a new promotional

effort we are making to revorse this trend in the face of

fierce competition mainly from Japan and the United States.

MASO TIENSIT SCHLAN

Hong Kong has taken the decision in principle to build

un underground railway at a probable total cost of £500

million at mid-1972 prices. I hope that a British consortium

will be successful in securing the contract for this project.

COMUNI SUTINA, LDV NCS

5.

Because of Hong Kong's special position, constitutional

development towards self-government is not possible.

generally realised in the Colony.

HO REPRESATO ME SORKERS IN HÔNG KCHOT

6.

This is

Hong Kong is run through a coaplex pattern of statutory

boards, Councils and Comittees, and on those which are con-

corned with Industrial Imployees (eg the labour Advisory Board)

workers sit both as individuals and as trade union represen-

tatives.

2

/WAGE RATES

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