38
the previous year, itself a record one. The
total value of imports and exports for the year
was £317 million, an increase of 38% over the
total for 1948. 23% of the trade was with
China as compared with 19% in 1948.
Throughout the year Hong Kong's industrial
production, as distinct from its trade and
commerce, has also continued to expand not only
in volume of output but also in the variety of
products and scope of markets, The Hong Kong
stand at the British Industries Fair this year
itself provides good evidence of this and it may
now be said that there are very few corners of
the globe to which Hong Kong manufactures do
not penetrate.
Satisfactory as these facts and figures are, ́
those who are familiar with Far Eastern trade
Would agree that a note of caution should be
ounded when examining the prospects for
Hong
No comments yet.
Private notes are available after approval.