3.
9.
in U.K.:
loss of Hong Kong's GATT relation-
ship with them as a result of U.K.
entry).
Note on loss of Commonwealth preference
(a) 17% of Hong Kong's domestic
exports sent to U.K. in 1966
(c.f. 20% in 1960);
(b) (1) 74% of this trade is
concentrated in seven
3-digit groups, viz:
preserved vegetables
cotton fabrics
made-ups (all textiles)
cutlery
clothing (all textiles)
footwear
optical instruments
(ii) average dependence of these
groups on U.K. 24%, ranging
from cutlery at 65% to clothing
at 20%;
(c) (1) 54% of the trade is in 6-digit
(ii)
items in which the proportion
of total exports going to U.K.
exceeded 30%;
average dependence = 45%
(a) industries most dependent on U.K.
market are:
preserved ginger
cotton spinning
/cotton
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