§ Mr. Sorensenasked the President of the Board of Trade whether he can give the estimated amount of British capital invested and the estimated value of British property in Hong Kong, in Shanghai, and in the whole of China?
Mr. StanleyThe only information I have on these subjects relates to the nominal amount of capital invested in Hong Kong, Shanghai and China by individuals and institutions domiciled in the United Kingdom. With regard to securities quoted on the London markets, the nominal value of these was estimated by206W Sir Robert Kindersley in an article in the Economic Journal for December, 1937, to have amounted to £41 million at the end of 1936. This figure, however, does not include the considerable amount of unquoted and private investments also held in the United Kingdom. Sir Robert Kindersley estimates that the inclusion of these would probably bring the total nominal amount of British capital invested by residents and institutions domiciled in the United Kingdom to approximately £130 million.