RAS-2001 — Page 72

RASHKB Journal 皇家亞洲學會香港分會學刊 All AI Reviewed
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tax incentives and other government assistance? Apart from its superb harbour Hong Kong had no natural advantages. Almost all the raw materials for industry had to be imported. The population (840,000 at the 1931 census) was wretchedly poor and could not provide the purchasing power to support large-scale industry. But Hong Kong was well-placed to export cheap manufactured goods to the vast market of China and the neighbouring countries of Asia where until the 1930s tariffs on imports were low. The world depression led China and other Asian countries to erect high tariff barriers which threatened to cripple Hong Kong's burgeoning industry. The colony was saved by the decisions taken at the Ottawa conference to adopt the policy of imperial preference. This handicapped its main competitor, Japan, by imposing high tariffs and later quotas designed to exclude Japanese manufactures from markets in the British empire. This created a vast imperial free trade area embracing Britain, its colonial territories and New Zealand. Traders and businessmen in the African or Caribbean colonies could have seized the opportunity to exploit it, but it was only the energetic and adaptable Chinese entrepreneurs of Hong Kong who did so. The decisions taken at Ottawa which were designed to help industry in the dominions gave an unintended boost to Chinese factory owners in the back streets of Kowloon.

University of Hong Kong

NOTES

1. M. Havinden and D. Meredith, Colonialism and Development: Britain and its tropical colonies, 1850-1960 (London, 1993), 1. D.K. Fieldhouse, Colonialism 1870-1945: An Introduction (London, 1981), 51–108. David Meredith, "The British Government and Colonial Economic Policy 1919-1939', Economic History Review, 28 (1975), 484-99. Louis Nthenda, 'From Trade to Manufacture: Britain's Dilemma in the Face of Colonial Industrialization 1931-1938', Journal of Social Sciences, 1 (1972, University of Malawi), 95-112.

2. Leo Amery in 1926, quoted by Meredith, 495.

3. Meredith, 494. The only supporting evidence for this theory in the Colonial Office files is a letter from the governor of Uganda, 22 Dec. 1934, who warned that any large-scale industrial development which caused rural depopulation would result in a serious increase in sleeping sickness. CO323/1298/10, Public Record Office, London (PRO).

4. See for example J. Riedel, The Industrialization of Hong Kong (Tubingen, 1974), 5-6; F. Welsh, A History of Hong Kong (London, 1993), 451; D. Lethbridge, The Business Environment in Hong Kong (Hong Kong, 1980), 1–2. A contrary view is given by Frank Leeming, "The Earlier Industrialization of Hong Kong', Modern Asian Studies, 9 (1956), 337-42, who cites evidence from Hong Kong and Macao Business Classified Directory (1940, in Chinese).

5. Minute by G.L.M. Clauson, 7 Nov. 1933, CO323/1232/8. Memoranda and Draft Report of Interdepartmental Committee 1937, CO852/164/6 and T160/763/F14811/1 and 2, PRO.

6. According to D.J. Morgan, The Origins of British Aid Policy 1924-1945 (New Jersey, 1979), 9, the proportion of general revenue in the colonies derived from customs duties in 1933 was:

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20 tax incentives and other government assistance? Apart from its superb harbour Hong Kong had no natural advantages. Almost all the raw materials for industry had to be imported. The population (840,000 at the 1931 census) was wretchedly poor and could not provide the purchasing power to support large-scale industry. But Hong Kong was well-placed to export cheap manufactured goods to the vast market of China and the neighbouring countries of Asia where until the 1930s tariffs on imports were low. The world depression led China and other Asian countries to erect high tariff barriers which threatened to cripple Hong Kong's burgeoning industry. The colony was saved by the decisions taken at the Ottawa conference to adopt the policy of imperial preference. This handicapped its main competitor, Japan, by imposing high tariffs and later quotas designed to exclude Japanese manufactures from markets in the British empire. This created a vast imperial free trade area embracing Britain, its colonial territories and New Zealand. Traders and businessmen in the African or Caribbean colonies could have seized the opportunity to exploit it, but it was only the energetic and adaptable Chinese entrepreneurs of Hong Kong who did so. The decisions taken at Ottawa which were designed to help industry in the dominions gave an unintended boost to Chinese factory owners in the back streets of Kowloon. University of Hong Kong NOTES 1. M. Havinden and D. Meredith, Colonialism and Development: Britain and its tropical colonies, 1850-1960 (London, 1993), 1. D.K. Fieldhouse, Colonialism 1870-1945: An Introduction (London, 1981), 51–108. David Meredith, "The British Government and Colonial Economic Policy 1919-1939', Economic History Review, 28 (1975), 484-99. Louis Nthenda, 'From Trade to Manufacture: Britain's Dilemma in the Face of Colonial Industrialization 1931-1938', Journal of Social Sciences, 1 (1972, University of Malawi), 95-112. 2. Leo Amery in 1926, quoted by Meredith, 495. 3. Meredith, 494. The only supporting evidence for this theory in the Colonial Office files is a letter from the governor of Uganda, 22 Dec. 1934, who warned that any large-scale industrial development which caused rural depopulation would result in a serious increase in sleeping sickness. CO323/1298/10, Public Record Office, London (PRO). 4. See for example J. Riedel, The Industrialization of Hong Kong (Tubingen, 1974), 5-6; F. Welsh, A History of Hong Kong (London, 1993), 451; D. Lethbridge, The Business Environment in Hong Kong (Hong Kong, 1980), 1–2. A contrary view is given by Frank Leeming, "The Earlier Industrialization of Hong Kong', Modern Asian Studies, 9 (1956), 337-42, who cites evidence from Hong Kong and Macao Business Classified Directory (1940, in Chinese). 5. Minute by G.L.M. Clauson, 7 Nov. 1933, CO323/1232/8. Memoranda and Draft Report of Interdepartmental Committee 1937, CO852/164/6 and T160/763/F14811/1 and 2, PRO. 6. According to D.J. Morgan, The Origins of British Aid Policy 1924-1945 (New Jersey, 1979), 9, the proportion of general revenue in the colonies derived from customs duties in 1933 was:
Baseline (Original)
20 tax incentives and other government assistance? Apart from its superb harbour Hong Kong had no natural advantages. Almost all the raw materials for industry had to be imported. The population (840,000 at the 1931 census) was wretchedly poor and could not provide the purchasing power to support large-scale industry. But Hong Kong was well-placed to export cheap manufactured goods to the vast market of China and the neighbouring countries of Asia where until the 1930s tariffs on imports were low. The world depression led China and other Asian countries to erect high tariff barriers which threatened to cripple Hong Kong's burgeoning industry. The colony was saved by the decisions taken at the Ottawa conference to adopt the policy of imperial preference. This handicapped its main competitor, Japan, by imposing high tariffs and later quotas designed to exclude Japanese manufactures from markets in the British empire. This created a vast imperial free trade area embracing Britain, its colonial territories and New Zealand. Traders and businessmen in the African or Caribbean colonies could have seized the opportunity to exploit it, but it was only the energetic and adaptable Chinese entrepreneurs of Hong Kong who did so. The decisions taken at Ottawa which were designed to help industry in the dominions gave an unintended boost to Chinese factory owners in the back streets of Kowloon. University of Hong Kong NOTES 1. M. Havinden and D. Meredith, Colonialism and Development: Britain and its tropical colonies, 1850-1960 (London, 1993), 1. D.K. Fieldhouse, Colonialism 1870-1945: An on (London, 1981), 51–108. David Meredith, "The British Government and Colonial Economic Policy 1919-1939', Economic History Review, 28 (1975), 484-99. Louis Nthenda, 'From Trade to Manufacture: Britain's Dilemma in the Face of Colonial Industrialization 1931-1938', Journal of Social Sciences, 1 (1972, University of Malawi), 95-112. 2. Leo Amery in 1926, quoted by Meredith, 495. 3. Meredith, 494. The only supporting evidence for this theory in the Colonial Office files is a letter from the governor of Uganda, 22 Dec. 1934, who warned that any large-scale industrial development which caused rural depopulation would result in a serious increase in sleeping sickness. CO 323/1298/10, Public Record Office, London (PRO). 4. See for example J. Riedel, The Industrialization of Hong Kong (Tubingen, 1974), 5-6; F. Welsh, A History of Hong Kong (London, 1993), 451; D. Lethbridge, The Business Environment in Hong Kong (Hong Kong, 1980), 1–2. A contrary view is given by Frank Leeming, "The Earlier Industrialization of Hong Kong', Modern Asian Studies, 9 (1956), 337-42, who cites evidence from Hong Kong and Macao Business Classified Directory (1940, in Chinese). 5. Minute by G.L.M. Clauson, 7 Nov. 1933, CO 323/1232/8. Memoranda and Draft Report of Interdepartmental Committee 1937, CO 852/164/6 and T 160/763/F 14811/1 and 2, PRO. 6. According to D.J. Morgan, The Origins of British Aid Policy 1924-1945 (New Jersey, 1979), 9, the proportion of general revenue in the colonies derived from customs duties in 1933 was:
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tax incentives and other government assistance? Apart from its superb harbour Hong Kong had no natural advantages. Almost all the raw materials for industry had to be imported. The population (840,000 at the 1931 census) was wretchedly poor and could not provide the purchasing power to support large-scale industry. But Hong Kong was well-placed to export cheap manufactured goods to the vast market of China and the neighbouring countries of Asia where until the 1930s tariffs on imports were low. The world depression led China and other Asian countries to erect high tariff barriers which threatened to cripple Hong Kong's burgeoning industry. The colony was saved by the decisions taken at the Ottawa conference to adopt the policy of imperial preference. This handicapped its main competitor, Japan, by imposing high tariffs and later quotas designed to exclude Japanese manufactures from markets in the British empire. This created a vast imperial free trade area embracing Britain, its colonial territories and New Zealand. Traders and businessmen in the African or Caribbean colonies could have seized the opportunity to exploit it, but it was only the energetic and adaptable Chinese entrepreneurs of Hong Kong who did so. The decisions taken at Ottawa which were designed to help industry in the dominions gave an unintended boost to Chinese factory owners in the back streets of Kowloon.

University of Hong Kong

NOTES

1. M. Havinden and D. Meredith, Colonialism and Development: Britain and its tropical colonies, 1850-1960 (London, 1993), 1. D.K. Fieldhouse, Colonialism 1870-1945: An

on (London, 1981), 51–108. David Meredith, "The British Government and

Colonial Economic Policy 1919-1939', Economic History Review, 28 (1975), 484-99. Louis Nthenda, 'From Trade to Manufacture: Britain's Dilemma in the Face of Colonial Industrialization 1931-1938', Journal of Social Sciences, 1 (1972, University of Malawi), 95-112.

2. Leo Amery in 1926, quoted by Meredith, 495.

3. Meredith, 494. The only supporting evidence for this theory in the Colonial Office files is a letter from the governor of Uganda, 22 Dec. 1934, who warned that any large-scale industrial development which caused rural depopulation would result in a serious increase in sleeping sickness. CO 323/1298/10, Public Record Office, London (PRO).

4. See for example J. Riedel, The Industrialization of Hong Kong (Tubingen, 1974), 5-6; F. Welsh, A History of Hong Kong (London, 1993), 451; D. Lethbridge, The Business Environment in Hong Kong (Hong Kong, 1980), 1–2. A contrary view is given by Frank Leeming, "The Earlier Industrialization of Hong Kong', Modern Asian Studies, 9 (1956), 337-42, who cites evidence from Hong Kong and Macao Business Classified Directory (1940, in Chinese).

5. Minute by G.L.M. Clauson, 7 Nov. 1933, CO 323/1232/8. Memoranda and Draft Report of Interdepartmental Committee 1937, CO 852/164/6 and T 160/763/F 14811/1 and 2, PRO. 6. According to D.J. Morgan, The Origins of British Aid Policy 1924-1945 (New Jersey, 1979), 9, the proportion of general revenue in the colonies derived from customs duties in 1933 was:

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