TNAG-0621-FCO40-769-Budget-of-Hong-Kong-1977 — Page 150

G.F. 323

CONFIDENTIAL #

機密

escalating at an alarming rate. Here again, the mid-1976 lull in the

growth in the large economies has affected investment confidence in

these countries and hence the world demand for construction materials.

Towards the last quarter of 1976 domestic prices of cement increased,

probably following a tom orary shortage in supply as a result of the

earthquakes in China.

42.

Table 40, Diagram 14 J

CONFIDENTIAL

機密

Page 150Page 151