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SAILY REVIEW OF BUSINESS TOPICS AS REPORTED IN THE CHINESE PRESS Trade Industry kompartment
H
Translated by Commeeeens
rment
1FER 1978-
ESK OFFICER
INDEX
PA
REGIS Action Te
INGENIOUS MANOEUVRE OF CATEGORIES FASES EEC BLOW
Hong Kong Economic Journal (22/12)
as if their suspicions needed confining!!
22912
للتوسكونا
Stewart, jos
are sure that of the EEe were cudae
If this it would
•confine their
For the first time ever, the TIC Department instructs
Suspiciais
textile manufacturers how to diminish their loss as a result of stricter about Harg
restrictions from the EEC.
Kang.
9/2
Sources close to the TIC Department reveal that local
manufacturers can broaden their export opportunities by skilful manoeuvre
of categories, e.g. if in want of 'jacket' quota, a manufacturer may make use
of 'overclothes' qucta since there is no sharp distinction between the
two categories; and if he is short of 'men's trousers' quota, he may
utilise 'women's slacks' quota since again there is not much difference
between most HK-made men's trousers and women's slacks nowadays.
The paper remarked that all along, HK manufacturers
have been known for their smartness in manoeuvring categories, but
| + officials!
guidance from the Government on how to make good use of categories under
restraint is unprecedented.
Issue Number: 75
Date: 22/12/77
breach of
Misprision of a breach InternationDeegnem!!!!