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WEDNESDAY, SEPTEMBER 28, 1988
'OPPORTUNITIES IN HONG INSTITUTE OF DELAWARE AND
MR LO WAS ADDRESSING AN EXPORT SEMINAR KONG" ARRANGED BY THE WORLD TRADE CENTRE THE DELAWARE DEVELOPMENT OFFICE.
FACT THAT
WERE THE
WORLD'S
REING MISSED,
LARGEST
REFLECTING THE
OPPORTUNITIES
KONG HONG ALTHOUGH SAID
ONE OF MR LO
WAS IMPORTERS OF TEXTILES FABRICS, BUYING NEARLY US$5 BILLION YEAR, THE U.S. SHARE OF THIS LUCRATIVE BUSINESS WAS LESS THEN ONE PER CENT,
WORTH LAST ESTIMATED TO BE
OTHER U.S.
EXPORTERS WERE DOING
BETTER, MR LO SAID, NOTING
AMOUNTED LAST YEAR
TO US$624, JAPAN (US$224} OR TAIWAN
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S THAT PER CAPITA IMPORTS FROM THE U. SUBSTANTIALLY MORE THAN THE EKU (US$179), (US$362).
FURTHER.
LARGEST
WAS THE
MARKET IN IN 1987, HONG KONG
THE DIAMONDS (US$148M1 AND THE WORLD FOR U.S. GINSENG (US$1]M) AND CUT
(US$18M), HE THIRD LARGEST FOR U.S. CIGARETTES' (US$262M) AND ORANGES ADDED.
THE ATTRACTIONS OF HONG KONG AS A MARKET WOULD CONTINUE 1997, MR LO SAID.
BEYOND
FAITHFULLY HE SAID THE JOINT DECLARATION WAS BEING IMPLEMENTED
IN PROSPERITY
THE NEXT AND THE FOUNDATIONS FOR CONTINUING
CENTURY INVESTMENTS BY FOREIGN AS WERE BEING LAID SUCH AS STRONG LONG-TERM
AND
BY WELL AS LOCAL BUSINESS,
AMBITIOUS INFRASTRUCTURAL PROJECTS PRIVATE INTERESTS AS WELL AS GOVERNMENT.
DYNAMISM
"THE CONTINUING IMPORTANCE AND REGION, AND THE POTENTIAL OF CHINA, PROVIDE CONTINUING PROSPERITY OF HONG KONG," HE SAID.
THE TRADE DEVELOPMENT COUNCIL'S SENIOR MR ANDREW MA ALSO SPOKE ABOUT TRADE
AMERICAS, KONG.
OF THE ASIA-PACIFIC A SOLID BASIS FOR THE
REPRESENTATIVE IN THE OPPORTUNITIES IN HONG
BEFORE THE SEMINAR, MR LO HAD A MEETING WITH SENATOR WILLIAM V. ROTH (REPUBLICAN) OF DELAWARE.
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