CO129-629-2 Arrangements for the reception of the Hong Kong delegation to the British Industries Fair 1-4-1950 - 31-7-1950 — Page 39

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Hong Kong's trade and industry in the coming

year. Everyone hopes that the present prosperity

will continue but, as an entrepôt, Hong Kong must

often be at the mercy of events over which she

has little control. Trade with China, inevitably

of fundamental importance to Hong Kong's

prosperity, has changed its pattern and content

and he would be a rash man who tried to

minimise current difficulties or to forecast

what the long term prospects might be.

It should not however be imagined that I am

pessimistic about Hong Kong's future prosperity.

Whatever difficulties may lie ahead I am

Bure that the trading and industrial community

of Hong Kong will meet them with all the

courageous enterprise, skill and adaptability

that they have shown in the past. The

achievements of the past five years are evidence

of what Hong Kong can do.

May