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GRS 191
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2 1 APR1993- 2
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* AMENDED COPY 12 APRIL
INDEX
DESKBY 120100Z
FM FCO 111630Z APRIL 83
TO IMMEDIATE HONG KONG
TELEGRAM NUMBER 337 OF 11 APRIL
INFO PEKING
YOUR TELNO.477 OF 8 APRIL: PQS: ECONOMIC RELATIONS
BETWEEN HONG KONG, CHINA AND UK
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
1896.1
1980 * 2601.8
1981 - 3084.4
на
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 1209002.
PYM
MINIMAL
HKGD
ESID
FED
ECD(E)
ERD
MR WEBB-JOHNSON HKGO LONDON
MR CRUICKSHANK OT4/DOT
MR GILHOULY HM TREASURY
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