RESTRICTED 內部文件
Fromecrery for Economic Services
¡ESB CR 5/1916/90
URGENT BY HAND
MEMO
To... PA's Office
(Attn. Mr R.A.I. Bunten)
Ref
Tel. No
810 2680
Date
22 August 1990
Your Ref
dated
In
102
HKB OZE
126
Telno 1558 Gulf Crisis: Implications for Hong Kong
RECEIVED IN REGISTRY
24 AUG 1990
DES
INDEX
As
We
(Mr Bunten/undersigned) spoke this morning. you are coordinating a response to FCO on the above telegram I forward herewith a copy each of the following for your collation and onward transmission:
(a)
(b)
An assessment of the impact of the Gulf crisis oil supply situation and on inflation and economic growth in Hong Kong
оп
the global
(Note: (i) Although the assessment was issued a week earlier and the situation in the Middle East is changing every day, in broad terms the views regarding the impact on the Hong Kong economy is still applicable. Some of the points will be included in a regular press release on the latest situation on the Hong Kong economy which is due for release on 24 August 1990.
(ii) The FCO
freely Chinese.
in
can draw on the points Aiacnasion with the But I have a slight reservation in giving the Chinese a full copy of the assessment, as some of the finer information
therein i a sunn]ied by individual oil companies.)
Some figures on Hong Kong's trade with Iraq and Kuwait respectively
You can see that such trade flows are insignificant (actually trivial) against Hong Because of the
Kong's
overall trade.
relatively small magnitudes, the growth rates also tend to fluctuate widely.
FEN & #7 AZ A
103
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