Year-on-year comparison

In money

terms

1981/1980

39

Growth rates of re-exports (%)

Rate of increase in prices

8

In real

terms

28

1981/1980 Q1

Q2

Q3

2222

58

45

39

28

35

25

Q4

29

19

1981/1980 H1

H2

31

मेल

47

36

8

22

8

1982/1981 Q1

12

-2

14

Q2 (*)

8

-4

12

1982/1981 H1(*)

10

-3

13

Note: (*) Estimated by using trade

indexes available up to

May 1982.

2.13

to

China remained the largest market for Hong Kong's

re-exports, accounting for 19% of the total value of

re-exports through Hong Kong. The value of re-exports

China in the first half increased by 5%, much lower than the increases in the past four years. In 1981, for example, the value of re-exports to China was 73% higher than in 1980.

major categories of products re-exported to China were textile yarn, fabrics and made-up articles, industrial and electrical

machinery and television

re-exports was mainly in

television receivers

ers (3)

re-exported through Hong

receivers.

respect of

The other

Kong

The

The slowing down in

consumer goods such as

main markets for goods in descending order of

importance, the United States, Indonesia, Singapore, Japan and Taiwan.

/ 2.14 The

(3) Towards the end of 1981, the Chinese Government raised substantially the import duties on a number of electrical/electronic products, including both colour and black-and-white television sets, equipment and electronic calculators.

Hi-Fi

14

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