GRS 191
CONFIDENTIAL
DESKBY 120100Z
FM FCO, 111630Z APRIL 83
TO IMMEDIATE HONG KONG
CONFIDENTIAL
TELEGRAM NUMBER 337 OF 11 APRIL
TOP COPY-
@ See 12
-936
HKK09!|!
RECEIVED MI SEBUT NO. 31
DESK
INDEX
2 1 APR 1983
**GISTRY
aton Take:
CH2114
INFO PEKING
YOUR TELNO.477 OF 8 APRIL: PQS: ECONOMIC RELATIONS
BETWEEN HONG KONG, CHINA AND UK
10
1.
Q.7: WE PROPOSE FOLLOWING AMENDED REPLY:
'CHINA'S VISIBLE EXPORTS TO HONG KONG OVER THE LAST
FIVE YEARS WERE:
(POUNDS STERLING MILLION)
1978 1173.1
1979 1425.4
1980 1896.1
1981
3084.4
NO ACCURATE AND COMPLETE FIGURES ARE AVAILABLE TO
HMG FOR CHINA'S GROSS FOREIGN EXCHANGE EARNINGS
FROM HONG KONG.
HOWEVER, VISIBLE EARNINGS ARE ESTIMATED TO REPRESENT BETWEEN 60-80 PER CENT OF CHINA'S GROSS FOREIGN
EXCHANGE EARNINGS FROM HONG KONG.'
2. Q.8: WE ARE GRATEFUL FOR YOUR SUGGESTIONS. WE CONSIDER IT
DIFFICULT HOWEVER TO ESTABLISH A CLEAR LINK BETWEEN DT STATUS
AND GSP, WHICH IS PRINCIPALLY FOR DEVELOPING COUNTRIES. THEREFORE
PROPOSE TO KEEP TO STATEMENT OF CURRENT BENEFITS OUTLINED IN OUR
TELNO.328.
3.
Q.9: 1982 FIGURES QUOTED IN OUR TELNO.328 ARE OFFICIAL DOT
OVERSEAS TRADE STATISTICS. WE WOULD THEREFORE PREFER TO USE THEM
TO ALLOW COMPARABILITY WITH EARLIER YEARS.
4.
GRATEFUL FOR ANY COMMENTS DESKBY 120900Z.
PYM
MINIMAL
HKGD
ESID
FED
ECD(E)
ERD
MR WEBB-JOHNSON HKGO LONDON
MR CRUICKSHANK OT4/DOT
MR GILHOULY HM TREASURY
CONFIDENTIAL