TNAG-2749-FCO40-3964-Economic-situation-in-Hong-Kong-1993 — Page 50

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

6

As the sixth example of the attractions of Hong Kong to

Japan, and indeed the rest of the world, Hong Kong is endowed

with a highly qualified and highly motivated workforce, much of

which has the added benefit of communicating in English the

current favoured international language of business.

On the basis of the above points, Hong Kong has long been a

very attractive place for Japanese people and companies where

they can safely and easily invest and do business. A substantial

portion of loans which have been made to China by Japanese finan-

cial institutions have been negotiated and arranged in or through

Hong Kong. Besides, as 2 lot of foreign companies have their

bases here, it is very easy for Japanese companies to do business

with them here in Hong Kong.

(JAPANESE RELATIONSHIP WITH HONG KONG AND CHINA UNDER THE NEW

JAPANESE CABINET)

(5) As you know, in Japan recently 40 years of the government

of the Liberal Democratic Party was brought to an end, and a

coalition representing eight different groups has been formed to

lead the country. Many people have asked me if this switch in

power in Japan will have a bearing on the Japanese relationship

with Hong Kong and China.

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