APPENDICES

APPENDIX 24

(Chapter 6: Commerce and Industry)

Position and Flow of Inward Direct Investment by Major Investor Country/Territory

$ Billion

Major investor

Inward direct investment at market value

Position at end of year

country/territory (1)

1998

1999

Inflow during the year

1998

1999

British Virgin Islands

542.6

924.7

30.3

48.8

The mainland of China

213.7

814.8

20.2

38.6

Bermuda

202.0

280.6

20.7

24.6

Netherlands

124.5

207.0

13.2

24.3

The United Kingdom

153.4

196.1

8.3

2.0

The United States

115.5

170.5

6.6

19.1

Singapore

43.3

143.1

0.5

5.9

Japan

108.8

111.5

0.6

6.7

Cayman Islands

86.2

99.3

5.3

1.3

Switzerland

13.7

20.7

0.8

5.3

Others

140.3

181.3

8.0

14.1

Total

1,744.0

3,149.8

114.4

190.8

Note: (1) Country/territory here refers to the immediate source economy. It does not necessarily reflect the country/territory in which the funds are

initially mobilised.

Position and Flow of Outward Direct Investment by Major Recipient Country/Territory

$ Billion

Major recipient

Outward direct investment at market value Position at end of year

Outflow during the year(2)

countrylterritory(1)

1998

1999

1998

1999

British Virgin Islands

720.2

1,395.6

57.4

33.1

The mainland of China

547.7

620.6

54.1

78.6

Bermuda

92.1

93.2

2.3

6.0

Cayman Islands

97.9

86.1

8.4

1.4

New Zealand

36.8

31.5

4.6

0.5

Panama

22.8

30.9

-4.0

0.4

The United Kingdom

56.6

26.0

3.8

-23.3

Germany

0.9

23.2

@

22.6

The United States

20.4

22.5

1.3

1.1

Singapore

15.6

18.9

-8.4

4.0

Others

123.4

151.4

12.0

25.6

Total

1,734.4

2,499.9

131.5

150.0

Notes: (1) Country/territory here refers to the immediate destination economy. It does not necessarily reflect the country/territory in which the

funds are ultimately used.

(2) Negative outflow does not necessarily mean equity withdrawal. It may be the result of repayment of loans by non-resident affiliates. @ Within +$0.05 billion.

Source: Balance of Payments Branch (2), Census and Statistics Department

492

(Enquiry Telephone No.: 2116 5113)

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