TNAG-2814-FCO40-4060-Future-of-Hong-Kong-International-Rights-and-Obligations-(IR-1993 — Page 40

JAN 28 93 11:38 LKDEL

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IR VERMENT HOUSE HONG KONG.

IUS 28

93 09186

PG.15

CONFIDENTIAL

incidenca of unfaág

of unfair dumping

stumping accusations

by their

trading partners. The authorities are also keeping a

close watch on the development.

development of ragionalizm and

trade bioCS 【wig. North America rzen Trade Agraezent

and single

(n_Merope) mich may affect che

growth and liberalization or world trade,

Detailed possent

Page 41 first · pars + /

line 5, if compering the peak

#quity #rides in soweDAY, 1992 With the 32 December 1992 prices, the sentence should read "equity prices declined by nearly 15

remained about 28 percent by end-1992, although they still remained

percent

above their

1

This overall perforzancs

Those in other Oversees Major stock markets

as

Page 6, par.2, the statement

statement that "low levels of

Iterest Fates have accompleted rapid ratas of monetary and

credit Xpansion" kata not reflected the full picture because ea

in chart 5, sonetary growth has in fact been broadly along

1997, despite a broad decrease of

mum pariod.

shown

・

down trand between 1765 |

interest Fates during

10.

and comm. (

Page 11, ruble' 3,

table is being further examined

its will be forva

sount as possible,