CO129-528-1 Trade statistic returns- extent of trade passing through Hong Kong 29-12-1930 - 13-1-1931 — Page 21

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kerosene etc. (from the United States of America, Netherlands, East Indies and Straits).

Moreover, an inspection of returns from all classes of goods discloses no single class in

which any large inter-Chinese trade can, with certainty, be detected.

7.

1

It is apparent, therefore, that the inter- Chinese trade is of comparatively little importance. The great bulk of Hong Kong's trade with China consists in exporting to it the goods of the rest of the world(and of Hong Kong itself) and importing goods

from China for distribution to the rest of the world (and for consumption in Hong Kong).

8.

On the other hand, a considerable part of

Hong Kong's trade is entirely with non-Chinese

countries. e.g. there is a flow through Hong Kong of Siamese rice to Japan, and of Japanese piecegoods to

Siam and Indo-China. It is possible to show that this is actually greater in amount than the inter-Chinese

trade.

9.

For, let x million dollars be the inter-

Chinese trade then (40-x) million dollars the value

of goods imported from China for export elsewhere (including consumption in Hong Kong) and (54 - x) million dollars the value of goods exported to China, originating elsewhere (including Hong Kong).

Hong Kong's total exports were 114 million

dollars; then the value of the exports of non-Chinese goods to non-Chinese countries (including Hong Kong itself as "non-Chinese), must equal.

114 - (40 - x) - (54 - x) -X

2x + 20.

That is, the portion of Hong Kong's visible

trade