U.S.-HONG KONG RELATIONS
- 9 -
THE U.S. HAS SIGNIFICANT INTERESTS IN HONG KONG WHICH
WARRANT CONCERN FOR THE SUCCESS OF THE 1997 TRANSITION TO
CHINESE RULE. OUR CLOSE ATTENTION IS IN KEEPING WITH THE
ADMIRATION AND RESPECT WHICH HONG KONG'S RESIDENTS HAVE WON
OVER THE YEARS BY CREATING ONE OF THE MOST VIBRANT AND
PRODUCTIVE ECONOMIES ON EARTH.
HONG
OUR ECONOMIC STAKE IN HONG KONG'S FUTURE IS SUBSTANTIAL.
THE U.S. HAS MORE THAN $7 BILLION IN INVESTMENTS IN HONG KONG.
OVER 900 U.S. FIRMS HAVE OFFICES, AND OVER 21,000 AMERICANS
RESIDE THERE. THE U.S. IS HONG KONG'S LARGEST MARKET.
KONG IS OUR FOURTEENTH LARGEST TRADING PARTNER. IN 1991, U.S.
EXPORTS TO HONG KONG AMOUNTED TO $8.1 BILLION AND U.S. IMPORTS TOTALED $9.3 BILLION. PUT ANOTHER WAY, EACH HONG KONG RESIDENT
BOUGHT A STAGGERING $1300 WORTH OF U.S. PRODUCTS AND SERVICES
LAST YEAR. AMERICAN BUSINESS HAS A GREAT DEAL TO CONTRIBUTE TO
HONG KONG'S FUTURE. U.S. COMPANIES ARE COMPETING FOR CONTRACTS
IN THE PROJECT TO DEVELOP THE NEW AIRPORT AND CONTAINER
FACILITIES IN HONG KONG.
No comments yet.
Private notes are available after approval.