TNAG-1457-FCO40-1981-Relations-between-Hong-Kong-and-China-1986 — Page 53

F

China's visible trade balance and foreign exchange reserve position

(US$ Bn)

Exports

Imports

Visible

trade balance

Foreign # exchange

reserves

1980

19.5

20.9

-1.4

2.3

1981

22.0

22.0

1982

22.3

19.3

+3.0

11.1

1983

22.2

21.4

+0.8

14.3

1984

Jan-Sept

17.7

13.5

+4.2

16.7

1984

Oct-Dec

8.4

13.9

-5.5

14.4

1985

Jan-Sept

18.9

28.9

-10.0

12.6

Source:

# Position as at end of period

People's Bank of China

Statistical Yearbook of China 1984

China Trade Handbook

China DataBase Economics & Foreign Trade 22.11.85

People's Republic of China Year Book 1985

CONFIDENTIAL # 3