TNAG-0360-FCO40-396-Visit-of-HRH-Princess-Alexandra-and-the-Hon-Angus-Ogilvy-to--1972 — Page 138

considerable entrepôt trade serving South East Asia and

the Far East. It is the fifth largest port in the world.

Domestic exports in 1971 totalled HK$ 13,750 million (£941 million) and re-exports totalled HK$ 3,414 million

(£244 million). Imports were HK$ 17,607 million

(£1,210 million).

42% of all exports in 1971 went to the USA and 14% to the

UK. In the same year 16% of all imports came from China, 24% from Japan, 13% from the USA.

PUBLIC FINANCE

Estimated Revenue 1972-1973

HK$ 3,704 million (£265 m)

Estimated Expenditure 1972-1973 HK$ 3,657 million (£261 m)

CURRENCY

One Hong Kong dollar = 7p (approximately)

(13.93 =

£1)

2