HONG KONG MASS TRANSIT PROJECT
24.
British companies have tendered for a variety of different contracts concerned with this project.
The Hong Kong Mass Transit Authority are currently examining the bids, made.
Can't we be more defronte?
What's the anus
to why not?
HONG KONG'S BALANCE OF TRADE WITH THE UNITED KINGDOM
25. I recognise that Hong Kong enjoys a favourable balance of visible trade with the United Kingdom, amounting in 1975 to £150 million. Although no official figures are available, on present information there are indications that the United Kingdom is normally in surplus on the balance of payments as a whole when invisibles are taken into account.
HONG KONG'S STERLING RESERVES
26. Hong Kong is under no constraint to hold its external reserves in sterling. The structure of the sterling balances has changed and it is no longer one of the major official holders.
THE DEATH PENALTY
27. Her Majesty's Government is well aware of the resentment that the death penalty issue causes in Hong Kong. The present situation is brought about by the balance of opinion in this House on the whole issue of capital punishment.
6.