TNAG-2126-FCO40-3036-Investment-in-Hong-Kong-1990 — Page 143

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CONFIDENTIAL # 2

- 6

-

Considee

situation

lack of

efforts have been made to paint as glowing a

as possible from the UK's point of view, despite a

authoritative statistical information.

The danger

with this approach is that its arithmetic is open to serious

challenge even by commentators who are not hostile to the

territory.

10.

For this reason, all the data used in this paper

have been obtained from published UK Government statistics

except for the figures in paras 20-24 which are HKG

statistics.

The Macro View

11.

as an

Hong

Kong's traditionally open economy and its role

international commercial

and

financial centre have

enabled overseas firms to develop a substantial stake in the

territory's economy.

12.

UK companies are a prominent feature of the local

business scene.

CONFIDENTIAL

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