TNAG-0584-FCO40-717-Trade-relations-between-UK-and-Hong-Kong-(other-than-EEC)-1976 — Page 29

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

8.

results than have been achieved in the past, more particularly if

this could be presented as a special initiative which would require

suitable high-level treatment at the British end.

Agents

11.

It is a common complaint by Hong Kong manufacturers that

agents for British machinery are not as thrusting as those employed

by the Japanese or Germans. This is true in some cases, but by no

means all. In the final analysis, agents are as bad as their principals

allow them to be; and, while it is difficult to generalise, British

companies tend not to be as tough with their agents as their

competitors, although, as noted earlier, there are signs that this

is changing.

12. There is little doubt that a British company that can afford

to establish its own representative in Hong Kong, either on his own

or on a joint-venture basis, to deal exclusively with that company's

product, is going to do more business than through an agent handling

a large number of products. But it is up to the commercial judgement

of individual companies to decide whether the actual or potential

market for their product justifies the initial cost and subsequent

overheads of establishing their own office in Hong Kong. They are

likely to resent being told how to do their business; and no amount

of pious exhortation is a substitute for the financial realities of

life. Hopefully, the present economic strategy in Britain will force

more and more companies to look seriously at the possibility of

establishing their own representative in places like Hong Kong, if

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