§ Mr. Skeetasked the Secretary of State for Trade what is the balance of trade between Hong Kong and the People's Republic of China.
Mr. MeaeherThe following is the information. Trade between Hong Kong and the People's Republic of China in 1975 is in millions of Hong Kong dollars as shown. On the basis of theFinancial Times quotation of 4.96 for the rate of exchange between the Hong Kong and the US dollar, the trade deficit was US $1,340 million.
Trade between Hong Kong and the People's Republic of China in 1975 (Hong Kong $ million) Imports (cif) … … 6,805 Exports … … 28 Re-exports(fob) … … 137 Balance … … -6,640