GF 323
CONFIDENTIAL
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holdings
is
not known with any accuracy.
But the territory
is
believed to be a significant
element in the Asian
portfolio of major UK institutional investors.
British Goodwill
25.
Because Hong Kong has been a British dependent
territory for a century and a half, its legal system,
professional
and practices, technical
standards
In
specifications, government and commercial institutions and
procedures tend to follow UK norms very closely.
addition, the educational and professional training systems
reflect UK models quite closely.
Kong's 200 professional
In 1988, 20% of Hong
associations and learned societies
had direct UK links, and
36
of them were branches of UK
chartered or officially-recognised professional bodies.
26.
As a result, the territory offers UK companies a
business environment in which they can function without
feeling foreign. They can safely assume, for example,
that:-
(a) They
will be dealing with
accountants,
lawyers,
engineers, architects and other
CONFIDENTIAL #3
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