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15 -
G.F. 326
28.
Putting the trade figures in perspective, Hong Kong incurred a visible trade deficit of HK$11,651 million with China in the first half year of 1988, compared with a deficit of HK$13,843 million in the same period in 1987. For 1987 as a whole, Hong Kong's visible trade deficit with China was HK$29,315 million.
1987 H1 1988 H1 1987 Annual
(HK$Mn)
(HK$Mn)
(HK$Mn)
Domestic exports to China
12,403
15,999
27,871
Re-exports to China
26,037
39,044
60,170
Total exports to China
38,440
55,043
88,041
Imports from China
52,283
66,694
117,357
Visible trade balance
with China
-13,843 -11,651
-29,315
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