TNAG-1640-FCO40-2287-Economic-situation-in-Hong-Kong-1987 — Page 3

布政司署

香港下亞厘畢道

CONFIDENTIAL

25

GOVERNMENT SECRETARIAT

LOWER ALBERT ROAD

HONG KONG

DIFU

OUR REF.: (76) in ESBCR 13/2586/83

來函檔號 YOUR REF.:

Rodge

5 December 1987

Dear Mr Layden,

I

am sending

herewith

a report on capital investment in the third quarter of 1987. You will see that the growth rate of investment in plant and machinery and demand for most types of property remained strong during this period. However prospects in 1988 are now uncertain after the worldwide collapse of share prices though it is likely to be months before the impact on the economy becomes clear.

07/ MKC 090 / 1

RECEIVED IN REGISTRY 12 JAN 1988

DESK OFFICER

INDEX

in: Taken

Yours sincerely,

يعلم

(Mrs Anson Chan)

Secretary for Economic Services

Mr A.M. Layden

Hong Kong Department

Foreign and Commonwealth Office

London, SW1A 2AH

U.K.

CONFIDENTIAL