CONFIDENTIAL
7558 - 1
THREAT OF PROTECTIONISM IN HONG KONG'S EXPORT MARKETS,
PARTICULARLY IN THE UNITED STATES.
29.
THE PERFORMANCE OF THE HONG KONG ECONOMY AS A WHOLE OVER THE
PERIOD OF REVIEW WAS CHARACTERISED BY A FALL IN DOMESTIC EXPORTS,
COUNTERBALANCED BY A SUBSTANTIAL GROWTH IN RE-EXPORTS, A LOW RATE
OF UNEMPLOYMENT, AND A LOW RATE OF INFLATION.
NEXT PART OF TEXT CONTAINED IN IFT.
ENDS.
HOWE
OCMIAN 7558
HONG KONG AGREEMENT: RESTRICTED ·
LIMITED
HD/HKD
HD/FED
RESEARCH D (FE)
D/HD PUSD
MR WILSON
COPIES TO:
MR FIFOOT, LEGAL ADVISERS MR WOOD LEGAL ADVISERS
6 CONFIDENTIAL CON