50
fees by the Hong Kong Government in respect
of the companies affected, and I should
have imagined that it would also affect (in general most adversely by foreventing Hong Kong trade by putting difficulties
in the way of such companies operating
at all.
The strongest objections,
however, come from Malaya (see (15) on t
file).
53680/36 H.K
There are a number of important
China companies incorporated in the
Straits Settlements which carry on business
in China and whose headquarters are in the
Colony. Of the greater number, and
certainly of the most important of these
companies, both the Directors and members
are mainly Straits-born Chinese who are
recognised there as British subjects,
though they may also be claimed as
Chinese subjects by the Chinese Government.
The present proposals would exclude such
companies from operation in China by the
application of the dual nationality rule,
since in fact few Straits-born Chinese
have as yet been successful in obtaining
denationalisation certificates from the
not unnatural Further the various
Chinese Government.
branches in China of locally incorporated
Chinese-owned companies are managed in
most cases by persons who are full Chinese
subjects and are not even Straits born.
This is the case also with such European
controlled companies as the Great Eastern
Life
the cercumstances,
مد سما
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