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were the EC or USA to step up their (limited) economic sanctions imposed upon China.
22 Hong Kong may well develop its ties with economies other than China; and domestic investment will play a larger role in driving The most significant impact for the local economy in the 1990's.
Investors are
Hong Kong is that on investment intentions. reassessing HK's economic potential as a gateway to China.
UK BUSINESS PROMOTION IN HONG KONG
British Chamber of Commerce in Hong Kong
23 A British Chamber of Commerce was formed in Hong Kong in March
Its 1987 and was inaugurated by the Governor on 19 May 1987. present Chairman is Mr Neil Maidment, Director & General Manager of Glaxo China Ltd.
British Commercial Representation in Hong Kong
24
British commercial representation in Hong Kong is through
the British Trade Commission (Senior Trade Commissioner:
Mr Peter Heap). The BTC was upgraded to the status of a senior post with effect from 1 September 1988; the Senior Trade Commissioner was made a member of the Senior Grade.
25
The Foreign & Commonwealth Office is actively pursuing the matter of a new building in Hong Kong for the British Consulate-General (as our representation will become in 1997).
DTI Scheme and Promotions
26
In 1989 17 DTI-supported outward trade missions visited Hong Kong; there were 13 joint ventures at international exhibitions; and in the autumn Daimaru department store and K & K Supermarket Ltd both held store promotions of British consumer goods with DTI support.