IV
China's foreign exchange loss if the Hong Kong dollar ceases to be a convertible currency
V
VI
T
-
32
34
(a)
Extent of direct losses
29
(b)
Possibilities for
33
-
recouping losses
elsewhere
(c)
Summary
35
Hong Kong as a financial centre
(a) China's policy stance
towards internatonal finance
(b)
Transactions between
financial institutions in Hong Kong and China
36 37
38
-
42
(c)
China's stake in Hong Kong's financial sector
43 - 45
(a)
Summary
46
Hong Kong as a source of direct investment in China
(a)
Background
47
Hay
48
(b)
Hong Kong's direct
49
52
investment in China
(c)
Future possibilities
53
-
54
(d) Summary
55
G.F. 326
CONFIDENTIAL #B
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VII
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