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kerosens etc. (from the United States of America,
Netherlands, East Indies and Straits).
Moreover, an inspecti 1 of returns of all
classes of goods discloses no single class in which any
large inter-Chinese trade can, 11th certainty, be detected.
It is apparent, therefore, that the inter-
7.
Chinese trade is of comparative little importance.
The great bulk of Hong Kong's trade with China consists in exporting to it the goods of the rest of the world (and of Hong Kong itself and importing goods from China for distribution to the rest of the world (and for consumption in Hong Kong).
On the other hand, a considerable part of Hong Kong's trade is entirely with non-Gainese countries, e.g. there is a flow through Hong Kong of Siamese rice to Japan, and of Japanese piecegonds to Siam and Indo-China. It is possible to show that this is actually greater in amount than the inter-Chinese trade.
9.
For, let x million dollars be the inter-
Chinese trade then (40-x) million dollars
the value
of goods imported from China for export elsewhere (including consumption in Hong Kong) and (54
million dollars the value of goods exported to
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China, originating elsewhere (including Hong Kong).
Hong Kong's total exports were 114 million dollars; then the value of the exports of non-Chinese goods to non-Chinese countries (including Hong Kong itself as "non-Chinese"), must equal.
114 - (40
x)
X
20.
(54
I
That is, the portion of Hong Kong's visible
trade