GRS 439
RESTRICTED
DESKBY 070100Z
FM FCO 061615Z APR 83
TO IMMEDIATE HONG KONG
TELEGRAM NUMBER 328 OF 6 APRIL
INFO PEKING
RESTRICTED
TOP COPY
HKKO91|1
ISCENED IN SCOSIT NO. 51 2 1 APR 1983
IN
POLSTRY Action Taken
CM2114
PQS : ECONOMIC RELATIONS BETWEEN HONG KONG, CHINA AND UK
1.
REPLY:
197
1
MR RAY WHITNEY HAS PUT DOWN THE FOLLOWING 3 PQS FOR WRITTEN
TO ASK THE SECRETARY OF STATE FOR FOREIGN AND COMMONWEALTH
AFFAIRS:
Q.7
IF HE WILL ESTIMATE CHINA'S GROSS FOREIGN EXCHANGE EARNINGS
FROM HONG KONG OVER THE PAST FIVE YEARS FOR WHICH RECORDS ARE
AVAILABLE, AND THE PERCENTAGE OF THOSE FIGURES REPRESENTED BY
VISIBLE EXPORTS.
Q.8 WHAT TRADING BENEFITS HONG KONG GAINS FROM ITS STATUS AS A
DEPENDENT TERRITORY OF THE UNITED KINGDOM.
Q.9 WHAT WAS THE BALANCE OF TRADE BETWEEN THE UNITED KINGDOM AND
HONG KONG FOR THE LAST FIVE YEARS FOR WHICH FIGURES ARE AVAILABLE,
AND WHAT IS THE NET REVENUE TO THE UNITED KINGDOM GOVERNMENT THAT
ARISES AS A RESULT OF HONG KONG'SSSTATUS AS A DEPENDENT TERRITORY
2. WE PROPOSE THE FOLLOWING REPLIES:
Q.7 INFORMATION IS NOT COMPLETE IN THIS AREA. THE FOLLOWING
FIGURES REPRESENT ONLY ROUGH ESTIMATES:
**
а
See (10)
A Retire to
Her Horta pts.
(POUNDS STERLING MILLION)
1978
1979
1980
1981
1982
CHINA'S GROSS
FOREIGN EXCHANGE
EARNINGS FROM HK 1850
2150
2610
3420
4090
(OF WHICH)
EARNINGS FROM
1173.1
1425.4 1896.1 2601.8 3084.4
VISIBLE
EXPORTS
(63)
(66)
(72)
(76)
(75)
1
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