7

THURSDAY, JANUARY 3, 1985

TABLE 3: CHANGES COMPARING OCTOBER 1984 WITH OCTOBER 1983

OF RE-EXPORTS BY END-USE CATEGORY

END-USE CATEGORY

RE-EXPORT VALUE

RE-EXPORT UNIT VALUE

RE-EXPORT

VOLUME

FOODSTUFFS

-

6%

+ 7%

-12%

CONSUMER GOODS

+32%

+10%

+21%

RAW MATERIALS AND SEMI-MANUFACTURES +42%

+12%

+27%

FUELS

-45%

+ 5%

-47%

CAPITAL GOODS

+70%

+15%

+48%

ALL COMMODITIES

+38%

+11%

+24%

PEOPLE MUST GET INVOLVED IN POLITICS BRAY

****

IF HONG KONG WAS TO PROSPER, POLITICS MUST BECOME AS SERIOUS A MATTER AS BUSINESS, INDUSTRY AND FINANCE, MR DENIS BRAY, WHO HAS JUST RETIRED AS SECRETARY FOR HOME AFFAIRS, SAID TODAY (THURSDAY).

SPEAKING AT A FAREWELL LUNCH GIVEN FOR HIM BY THE TUNG WAH GROUP OF HOSPITALS AND THE PO LEUNG KUK, MR BRAY SAID GOOD MEN MUST STAND FOR ELECTION.

+ IF THOSE WHO HAVE BUILT HONG KONG INTO THE PROSPEROUS PLACE IT IS TODAY MAKE NO EFFORT TO PRESERVE THIS PROSPERITY, THEN THERE IS A REAL DANGER THAT THIS PROSPERITY WILL BE DESTROYED BY THOSE WHO DO NOT UNDERSTAND THE UNDERLYING REALITIES OF LIFE IN HONG KONG, HE SAID.

HE RECALLED THAT IN 1951, THE UNITED NATIONS IMPOSED AN EMBARGO ON HONG KONG'S TRADE WITH CHINA, DESTROYING A WAY OF LIFE HERE ALMOST OVERNIGHT.

BUT HONG KONG CONVERTED FROM TRADE TO INDUSTRY TO STAY ALIVE AND ITS ENTREPRENEURS LEARNED THE SECRETS OF THIS NEW BUSINESS AND EXCELLED IN THEM,

+TODAY WE FACE THE POLITICAL EQUIVALENT OF THE 1951 TRADE EMBARGO, THE TIME SPAN IS LONGER BUT THE CHANGE IS NO LESS PROFOUND.

/+THE DAYS

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