TNAG-2126-FCO40-3036-Investment-in-Hong-Kong-1990 — Page 140

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(c) The

British Trade Commission (BTC) should be

encouraged to undertake an expanded role in

monitoring the full range of UK companies'

activities in the territory and providing

information on economic

much

fuller

relations with the UK.

Disclaimers and Definitions

4.

to

define

principal

of

are

The CPU has had only limited success in its attempt

Hong Kong's economic value to the UK.

obstacle was the lack of statistical information

The

a comprehensive and up-to-date nature. The figures which

available in Hong Kong cover only the UK's visible trade

(with no detailed breakdown for 1989); the book value and

earnings from direct investments (but only up to 1987);

and a limited amount of information on UK involvement in

other sectors (e.g. banking).

net

5.

Accurate data does not exist because:-

(a) Neither HKG nor the local business world

discriminate

between local and foreign

companies, and so their records generally do

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