TNAG-0741-FCO40-945-Relations-between-China-and-Hong-Kong-1978 — Page 111

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

CONFIDENTIAL

DSR 11C

decline in the next 10-20 years, enabling imports of

Western advanced technology, vital to her modernisation

goals, to be increased. Imports of non-ferrous metals

such as aluminium and copper are expected to continue,

because of the high cost of exploiting China's own

reserves. Even though the economy is comparatively

backward, given that China's GNP is nearly half that of

Japan even small quantities of trade can amount to large

totals. For example, in 1977 China's imports of grain

were over seven million tons. In certain sectors and at

certain times China's imports can, therefore, be of

considerable significance even to major industrialised

countries trading with her. In the future, China herself

could become a significant exporter of light industrial

goods.

External Political Relations

(a) General

5. China is the second most important communist power,

since 1963 openly at loggerheads with the Soviet Union.

non- Sorrit

A

She provides a radical model for the developing world,

not least in the UN and its subsidiary bodies. . She

shares disputed boundaries with the second and third

most populous nations in the world, India and the Soviet

Union. She is a close neighbour of the world's third

economic power, Japan, and is of great importance to the

policies of the United States, both because of the latter's

defence commitments to some of China's neighbours and

/also

CONFIDENTIAL.

D 107991 400,000 7/76 904 953

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