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DAILY INFORMATION BULLETIN

SUPPLEMENT

Wednesday, April 26, 1978,

#t HONG KONG: BRITAIN'S SHOWCASE IN ASIA

Following is the full text of a speech given by the Governor, Sir Murray MacLehose, at a meeting on "Hong Kong: Britain's Showcase in Asia", at the Confederation of British Industry in London, on Wednesday, April 26, 1978:

It is for Lord Nelson and Kr. March and Mr. Forter and our

chairman (Mr. John Browne) to explain in detail the opportunities that

exist in Hong Kong for the British businessman looking for an export

market, a base for exports to or investment in the S.E. Asia region or a manufacturing base. My task is to tell you what sort of place and

away.

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a market it is. Te venture to commend it to you. But it is 8,000 miles

Its territory is only 400 square miles and its population only 41⁄2 million. References to it in the English media are usually highly coloured

What is there so special and often disparaging. Thy should you bother? about it? The short answer is that it is among the twenty largest trading

units in the world.

I am no admirer of that early nineteenth century era in which the

seizure of colonies by developed nations was the order of the day

like so many British and other colonies, Hong Kong dates from that time. But it is a striking fact that of that era, Hong Kong alone survives and

prospers as a colony of any economic significanos,

/It has done ...............

Issued by Government Information Services, Beaconsfield House, Hong Kong. Tel: 5-233191

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