SATURDAY, OCTOBER 24, 1987

LAST 12 MONTHS

OCT 86 TO SEPT 87

OCT 85

то SEPT 86

INCREASE

HK$ MN.

HK$ MN.

HK$ MN.

DOMESTIC EXPORTS

186,736

143,326

43,410 30.3

RE-EXPORTS

166,270

111,975

54,295

48.5

TOTAL EXPORTS

353,006

255,301

97,705

38.3

IMPORTS

351,668

256,899

94,769

36.9

TRADE BALANCE

1,338

-1,598

2,936

HK OFFERS INCREASING SCOPE FOR U.S.

*

——

SIR DAVID

IS

IN

KONG BECOMES AS HONG

A MORE AFFLUENT SOCIETY THERE

MARKET INCREASING SCOPE FOR AMERICAN BUSINESSMEN TO ENLARGE THEIR

IN NEW YORK ON THE TERRITORY, THE GOVERNOR, SIR DAVID WILSON, SAID FRIDAY (U.S. TIME).

SPEAKING TO THE ASIA SOCIETY AND THE HONG KONG ASSOCIATION OF YORK, SIR DAVID DESCRIBED HONG KONG AS HAVING A FOURFOLD ATTRACTION FOR FOREIGN BUSINESSMEN.

NEW

AS THIS WAS

A MARKET IN ITS OWN RIGHT, AS

TO A PLACE MANUFACTURE, AS A GATEWAY TO THE POTENTIALLY VAST ECONOMY OF CHINA, AND AS A BASE FROM WHICH TO DO BUSINESS WITH THE ASIA-PACIFIC REGION.

FUTURE" 1 APPETITE ONE OF THE VERY IN SOME WESTERN

THE IN HIS ADDRESS ENTITLED "HONG KONG: INVESTING IN

HAD A HEALTHY SIR DAVID NOTED THAT THE HONG KONG CONSUMER PER FOR IMPORTED GOODS.

CAPITA GDP WAS ALREADY HIGHEST IN ASIA AT NEARLY U.S.$7,000 - HIGHER THAN COUNTRIES.

BETWEEN

"THESE FACTORS, TOGETHER WITH THE STABLE EXCHANGE RATE THE U.S. AND THE HONG

DOLLAR, GIVE THE AMERICAN BUSINESSMAN SCOPE TO ENLARGE HIS MARKET IN HONG KONG, HE SAID.

KONG

"I

AND THE HONG

"AND THERE ARE NO BARRIERS BETWEEN THE EXPORTER KONG MARKET. NO MARKET IN THE WORLD IS FREER THAN HONG KONG'S.

F

/SIR DAVID ..

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