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Hong Kong

Volume 649: debated on Tuesday 14 November 1961

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26.

asked the Chancellor of the Exchequer what is the approximate amount of United Kingdom investment in the Crown Colony of Hong Kong; and what are the figures of annual exports to the United States of America from Hong Kong.

I regret that figures of the total amount of United Kingdom capital invested in the Crown Colony of Hong Kong are not available; the annual amount of direct investment by the United Kingdom in Hong Kong is of the order of £1–2 million a year net. Figures of the annual amount of other private investment are not available. The value of Hong Kong's exports to the U.S.A. was £37 million in 1959 and £48 million in 1960.