(THE PRESENT JAPAN-HONG KONG RELATIONS)
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(1) I like to start by giving my general thoughts on the current
Japan-Hong Kong relations.
state of
For Japan, Hong Kong is a priority area, and our relation-
ship is growing ever stronger. Japan's relationship with Hong
Kong is an important one in its own right. It is also an impor-
tant one especially in relation to China.
When Japan normalized its relations with China 21 years ago,
some people predicted that the importance of Hong Kong to Japan
would decrease as the relations between Japan and China de-
veloped; but this prediction was totally wrong. Reviewing the
relationship between Japan and Hong Kong since this normaliza-
tion, we find remarkable development, both in terms of Japan
China relations, and in terms of Japan Hong Kong relations.
Over the past 20 years, the total amount of trade that has
passed both ways between Japan and Hong Kong, has expanded some
29 times, from 0.8 billion US dollars in 1972, to 22.8 billion US
dollars in 1992. Over the
Over the same period of time, the amount of
trade between Japan and China has increased 26 times, from 1.1
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